that's something that gary gentzler, for example, is paying a ton of attention to.efi market, bitcoin is one thing, and it is seen in the crypto market as at least more stable. you know, there's a lot of other deviations and examples of things that aren't necessarily bitcoin. they're sort of their own, you know, you think of ethereum or solano which has gotten a lot of attention, but gary gentzler and the sec is paying a ton of attention. you had coin base dropping a product that had hundreds of thousands of people on a wait list >> i was going to ask you, kate, before you go, coin base did announce this morning, i forget the language they're using, they're abandoning the yield product after this public spat with the sec over it now, coin base argues other people are doing this. they're offering even higher yields we wanted to play ball with the sec, just make sure everything was fine before we launched this that did not go well for them. but i can imagine they might say, we're pulling our product from the market but there are still many, many more out there. >> the

this year's guest list runs the gamut from elon musk to gary gentzler and margaret vestiture.es and he is there with a preview of what to expect this week jon. >> reporter: i'm just one of the names talking to the names, but you're right lisa suh will be taking the stage in just, well, you know, four hours or so from now. i will be talking to her alongside tara swisher really i think a theme, kelly, is going to be the acceleration out of the pandemic and during the pandemic, because we're certainly not out of it yet, and then the consequences of all of that tech acceleration that's where, you know, gentzler comes in also kris krebs talking security satya nadella as you mentioned elon musk is sort of on both sides of that, right, with leading the electric car revolution at tesla, but at the same time there's controversy over, you know, the driverless technology he is pushing so hard some would say too hard. so some accountability for tech, and also some great possibilities on how tech might be able to move things forward, kelly. >> what do you think about the facebook move, jon

. >>> speaking of the retail trader, gary gentzler has said such a ban is unlikely tomas petter joinstonight. thank you very much for joining us the term payment for order flow is something that is hit into the mainstream this year in a way that i think none of us expected ott the outset of 2021 due to theories of robinhood halting trading and other companies earlier this year. for those of you out there who may be unfamiliar, payment for order flow means that this is the brokers, including interactive brokers and robinhood that generate revenue from selling the order flow to market makers who were able to execute those trades now, what is the likelihood, thomas, that you think that payment for order flow is actually banned in the united states, you're a plan who deals with a lot of numbers. can you put a number on this likelihood >> first of all, i must creck you here integrity brokers sells less than 3% of order for their estimate we execute our sales and we charge full commission and they generally are able to get a better prize because we get institutional orders that could offset

. >>> bitcoin dropping at much as 10%, all of this of course after sec chair gary gentzler warned thatpto is a wild west asset class rive with fraud and coinbase dropped its plans after a spat with sec. joining me is michael sundeshine it is great to have you. you have the bitcoin trust product for the time being i don't know if you want to offer general thoughts on how you think over time crypto should be performing as an asset class? >> well, it is great to be here, kelly. i think there's zero question in investor's minds crypto can occupy a slice of their portfolio allocation and it is not just bitcoin investors have increasingly been diversifying their cryptocurrency holdings. i think the sec and regulators have a tough job at the moment the ecosystem around digital assets is evolving very, very quickly, and even as early as today the chairman had commentary that once again invited industry participant into the sec to discuss the products and services they're offering and stated the sec has the authority to regulate crypto >> right which, you know, he seems to be making it very cle

course, it is a big, big market for anybody looking to expand, number one number two, we have gary gentzler is definitely signaling they will put a lot more restrictions on the cryptocurrency going forward now, i mean let's face it, countries only have one really, really big power, that's the control of their currency. so it is not just china who is going to put some restrictions on here. so i just don't think it is the one that -- the catalyst that will take this company and the other companies like paypal higher, although other things can because they are good companies. >> in other words for a company who is already seen as successful, the addition of crypto now could present a bigger regulatory risk than investors might be comfortable with that's an interest inpoint again, we see the shares dippin into negative territory. >>> they say they have more than 13,000 reservations so far, the entry level starts at 70,000 we had john murphy on, who is bullish on the range opportunities. lucid was important in the tesla model as well. he is saying it is an open question, who will become the lead

. >>> gary gentzler weighing in on payment for auto-flow in front of the banking committee earlier. >s competition on the floor of the new york stock exchange, and brokers could scream and yell at each other about what they were going to pay >>> coming up, we'll speak with the ceo of market maker, as we head to break, here's a check on bonds with that slightly softer than expected cpi print, the ten-year 127 as things stand we'll be right back. today, global markets are challenging traditional assumptions like never before. there is a new, accelerated sense of responsibility, sustainability, and social equity. at nasdaq, we call it the "era of impact." and we're at the forefront of it. innovating technology, data, and insights to help you deploy an esg strategy to be seen as the company you aspire to be. >>> welcome back, steven shirr is seen as number three in charge, and this announcement took many by surprise. he is 57, and is expected to take another significant role somewhere else in due course oliver solomonened a behind waldron was not -- for david solomon, this is the third se