According to Deadline, the film has yet to nail down a timeline for when it will shoot and get distribution, but DiCaprio and Scorsese felt that now was the right time to get cracking on the flick. The two have been trying to get it into production since 2007, but they separated to work on their own high-profile projects before deciding to work together again.
The film is based on the tell-all memoir written by Jordan Belfort, a drug-, sex- and alcohol-addicted stockbroker who landed in prison for refusing to cooperate in a 1990s securities fraud case. It's a steamy story of his fall from a 20-something multimillionaire to a 30-something federal convict banned from the securities business for life. The film would focus on Belfort's relationship with an FBI agent and his attempt to make him into an informant.
In addition to their roles as director and actor, Scorsese and DiCaprio will also serve as producers on the film. Writer Terence Winter, known for his work with "The Sopranos" and "Boardwalk Empire," is reportedly cleaning up the script before the film goes to production.
This marks the fifth collaboration for Scorsese and DiCaprio, who have worked together in the past on "Gangs of New York," "The Aviator," "The Departed" and "Shutter Island."
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