China Escalates Row With Japan Over Taiwan; Crypto Selloff | The Pulse 11/17
Today's guests: Seema Shah, Principal Asset Management, Chief Global Strategist; Tal Cohen, Nasdaq President; Hala Fadel,ย ...
President, Nasdaq
Search every verified Tal Cohen interview, podcast appearance, and on-the-record quote โ each transcript cross-checked by AI and human review to confirm speaker identity. Tal Cohen, President of Nasdaq, has been active in public discussions on artificial intelligence, market structure, and digital assets. In July 2025, he testified before the Senate Banking Committee, stating that AI "can also introduce risks" while emphasizing that Nasdaq has "established a robust companywide process to govern the implementation of AI." He told lawmakers that investor confidence is "paramount" and that the exchange maintains a "very robust and mature info security posture." Cohen also said that accountability for AI-driven issues "needs to be at the model level" and that liability "would be shared across the entity that's responsible as well as the entity that was responsible for the attack." He described AI as introducing "more complexity" into markets but characterized it as "an extension of what we see today." In other appearances, Cohen discussed Nasdaq's focus on enhancing liquidity, strengthening integrity, and promoting transparency. He noted that the exchange has filed to allow for tokenized equities in the U.S., saying the goal is to "modernize the ecosystem and optimize outcomes for investors and issuers without compromising market integrity." He also commented on the IPO pipeline, stating that "there is still pockets of activity" and that the exchange is "ready for a really strong year" in 2025. Cohen described the exchange's role during volatility as "even more important," with a "dual mandate to inspire investor confidence and make sure that our markets are well functioning."
“We have seen a lot of activity in the markets. It is a risk-on environment โ our responsibility at Nasdaq is to support investor confidence.”
“Making sure the markets are well-functioning and that members can transfer risk and entrepreneurs can raise capital in this environment is what we focus on โ we want to support the market.”
“We are proud that many of the companies you mentioned in the AI rally are associated with the Nasdaq.”
“The good news and the bad news is this isn't the first time โ we've prepared ourselves for these moments.”
“We've had volatility guards from prior episodes and we always make sure we have resiliency in our systems โ we're out there watching the signs of volatility.”
“It feels like a transformative technology with incredible long-term potential that will change how industry and society interact with these tools.”
“Two months ago we put a filing to allow for tokenized equities in the U.S.; the reason was to modernize the ecosystem and optimize outcomes for investors and issuers without compromising market integrity.”
“You don't need a slew of exemptions โ we don't want vertical silos where the world of bitcoin and other tokens exists separately from traditional securities, because you won't fulfil the promise of either.”
“We'll engage the SEC constructively โ the new chairman has been positive toward this and wants to bring crypto under the regulatory umbrella; I think the filing goes a long way.”
“We're working to make sure we're operationally and technically ready โ our mandate is to improve liquidity and integrity while bringing greater retail participation into a highly regulated environment with investor confidence.”
“Investor confidence and trust in our market is paramount to the way that we operate our markets, and whether it's risk introduced by AI or any other technology the bad actor might be using, we must have a very robust and mature info security posture and we do at NASDAQ as a highly regulated institution.”
“Our Chief Information Security Officer uses the latest and greatest tools and coordinates with industry and peers. This is not a competitive element for us with other exchanges. This is one where we share and we collaborate and together we are stronger than alone when we're trying to defend our markets.”
“Most of the risks are not introduced through the technology coming through our systems because we air gap them. They're very well designed and architected in a way that protects them. The most important element we can have is to train our employees on what to do, what to look for, and what not to do.”
“We are a global company with 9,000 employees, so we take that responsibility very seriously all the way to the CEO level where we make it part of our town halls.”
“We believe that collective intelligence is incredibly important to solving these problems and solving them in a timely manner. And the example that I would give in the way that we're looking at it and we're trying to conduct it for financial crime, for fraud, which is a real drain on our economic system is we have a so...”
Today's guests: Seema Shah, Principal Asset Management, Chief Global Strategist; Tal Cohen, Nasdaq President; Hala Fadel,ย ...
Sen. Mike Rounds questions Nasdaq President Tal Cohen on how the exchange is protecting against AI threats from foreignย ...
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#AI #youtube #yahoofinance Nasdaq EVP and Division President Tal Cohen and Nasdaq Capital Access Platforms President Nelson Griggs join Yahoo Finance Live to discuss recent leadership changes, restructuring into three divisions, AIโs impact, and the outlook for markets. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Fiโฆ
Tal Cohen, Nasdaq executive vice president, joins CNBC's "Fast Money" to discuss moving options trading to the cloud. For access to live and exclusive video from CNBC subscribe to CNBC PRO:ย https://cnb.cx/2NGeIvi ยป Subscribe to CNBC TV:ย https://cnb.cx/SubscribeCNBCtelevision ยป Subscribe to CNBC:ย https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news:ย http://www.cnbc.com/ Follow CNBC on LinkedIn:ย https://cnb.cx/LinkedIโฆ
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