It looks like Rob Reiner won't be the only actor/director who is in Martin Scorsese's next project, The Wolfe of Wall Street.

While the Princess Bride filmmaker joined the movie in late June, Deadline is now reporting that Iron Man helmer Jon Favreau has also signed on for a role. The film is based on the memoir of the same name and will star Leonardo DiCaprio as Jordan Belfort, a broker who found great success in the stock market and began living a life of extreme luxury filled with drugs, women and excessive partying. Everything comes crumbling down, however, when Belfort is arrested for securities fraud. Favreau will play a securities lawyer in the movie.

The filmmaker has been quite busy as of late, both as a director and as an actor. He is currently down in North Carolina shooting Iron Man 3, the first movie in the franchise that he isn't directing, where he is reprising his role as Tony Stark bodyguard Happy Hogan (he is also serving as executive producer on the movie). As for getting back behind the camera, he is currently in the midst of preparing a big screen version of Jersey Boys, which tells the story of Frankie Valli and The Four Seasons.

The Wolf of Wall Street will be the fifth movie Scorsese has made with DiCaprio and the project is also set to star Jonah Hill, Jean Dujardin, Jon Bernthal, and Kyle Chandler. Production begins next month and the film will be released next year.

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