Tal Cohen on market controls
From 'Who Should Bear The Liability?': Mark Warner Grills NASDAQ President Over AI Fraud Detection · · Forbes Breaking News
“The key, the real key there, Senator, because we deal with these problems today, is to make sure that we have controls in place whether it's a kill switch we have in the market that can stop something that we see initially and we can stop it very quickly or the rules we put in place to make sure that they're testing their algorithms and testing any technology they put into the market adequately.”
On , Tal Cohen, President at Nasdaq Inc, spoke about market controls during 'Who Should Bear The Liability?': Mark Warner Grills NASDAQ President Over AI Fraud Detection on Forbes Breaking News.
About Tal Cohen
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."
This quote was transcribed and extracted with AI assistance from a verified, first-person interview, then reviewed by our team to confirm the speaker and the exact wording. See how we verify →