CNBC Excerpts: Billionaire Investor Mark Cuban Speaks with CNBC's "Squawk Box" Today

WHEN: Today, Wednesday, April 1st

WHERE: CNBC's "Squawk Box"

Following are excerpts from the unofficial transcript of a CNBC interview with Mark Cuban on CNBC's "Squawk Box" (M-F, 6AM-9AM ET) today. Following are links to the video on,,

All references must be sourced to CNBC.


With all the changes that we have gone through in technology, we've only really seen, you know, a couple million households drop off in terms of cord nevers or cord cutters. It hasn't been huge. We aren't seeing 15, 20 percent , 30 percent.


I think it was Verizon sues with their own interest and it goes in the wrong direction, right. Now all of a sudden it's a jump ball and everybody is trying to get things going in their direction. And I think it just turned out in ways people didn't imagine the law of unintended consequences is what took over here.


Up until about three years ago you didn't see Google or Apple with a presence in DC. We just went and we just competed. Now, as they have gotten presence, they want to use that and they want to have influence and try to do what they think is best for them. I don't think it's a political agenda as much as these big companies that never really had any muscle in DC trying to show the muscle. They went from spending no money to spending millions of dollars.


I would like to see the SEC take their insider trading group and extract it completely from the SEC and put it in a different group. There are no bright line laws for insider trading. You have no idea whether you have insider traded or not.


It's not the type of investment that changes day to day and because it was from more than ten years ago you know, did she all of a sudden change how she valued things. She probably didn't just make a decision she probably went to her accountants and her lawyers and she has been doing it for more than ten years. And so the fact that they took, a, five years to make a decision to press charges, and b, that's not something that changes on a day to day basis, makes me raise a red flag.


Even if they find her liable, this isn't a criminal case at this point, it's like an expensive parking ticket or speeding ticket, you know. People don't look at the SEC and say, "Well, you had a problem with the SEC so there is something wrong with you." The SEC isn't what it used to be.

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