Wall Street Sequel is Moving Forward

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20th Century Fox is moving forward with a Wall Street sequel, says Variety.

Allan Loeb (21) has been tapped to write the screenplay, which is being fast-tracked by the studio as a Michael Douglas starrer, though the actor is not formally attached.

The modern-day story will again center on Gordon Gekko, who has recently been sprung from prison and re-emerges into a much more tumultuous financial world than the one he once lorded over.

The Bud Fox character, played by Charlie Sheen in the original, will not appear in the latest incarnation.