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First on CNBC: SEC Chair Gensler on Suing Coinbase and Binance 6/6/23

First on CNBC: SEC Chair Gensler on Suing Coinbase and Binance 6/6/23

FromSquawk on the Street


First on CNBC: SEC Chair Gensler on Suing Coinbase and Binance 6/6/23

FromSquawk on the Street

ratings:
Length:
51 minutes
Released:
Jun 6, 2023
Format:
Podcast episode

Description

Carl Quintanilla Jim Cramer and David Faber led off the show with big news involving the world of crypto: The SEC filed a lawsuit against Coinbase in New York federal court, accusing the company of operating as an unregistered securities exchange, broker, and clearing agency. The action comes one day after the regulator sued Binance. SEC Chair Gary Gensler joined the programlive and"First on CNBC" to discuss the lawsuits and regulating crypto. Also in focus: Saudi-backed LIV Golf to merge with the PGA Tour, Merck sues the federal government in an effort to halt Medicare drug  price negotiation, plus Wall Street reaction to the launch of Apple's new $3,500 mixed-reality headset. Squawk on the Street Disclaimer
Released:
Jun 6, 2023
Format:
Podcast episode

Titles in the series (100)

The opening hour of CNBC’s “Squawk on the Street” with Carl Quintanilla, Jim Cramer and David Faber is broadcast from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential Chief Executive Officers and greatest market minds.