SEC Chair Gary Gensler joined "Squawk on the Street" for an exclusive interview. David Faber, Jim Cramer and Carl Quintanilla discussed a wide range of topics with Gensler: Cryptocurrency, Robinhood - specifically in terms of a potential payment for order flow ban - the SPAC market, China and finally the Archegos fallout and the market for total return swaps. As for the market action, the anchors took a closer look at Apple one day after the company's product launch event featuring the new iPhone 13 lineup and other devices. Also in focus: Microsoft boosts its dividend by 11-percent and approves a $60-billion stock buyback program, casino stocks in the U.S. and Hong Kong tumble again on worries about tighter regulations in Macau, the natural gas price rally rolls on, Canadian National will not improve its offer to buy Kansas City Southern, and fallout for Facebook on a report that says company research shows the social network knows Instagram is toxic for teen girls. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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Squawk on the Street