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Stratton Oakmont
Defunct American brokerage house (1989–1996)
Stratton Oakmont
Stratton Oakmont, Inc. was an American over-the-counter brokerage house founded in 1989 by Jordan Belfort and Danny Porush. The firm defrauded many shareholders, leading to the arrest and incarceration of several executives and the closing of the firm in 1996. Section 230 of the Communications Decency Act was created in response to Stratton Oakmont, Inc. v. Prodigy Services Co..
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