Tal Cohen on AI liability
From 'Who Should Bear The Liability?': Mark Warner Grills NASDAQ President Over AI Fraud Detection · · Forbes Breaking News
“We need one. We need to have that discussion. And if there was this AI-driven liability that found its way into the system, where should the liability lie? It would be shared across the entity that's responsible as well as the entity that was responsible for the attack or for instituting that.”
On , Tal Cohen, President at Nasdaq Inc, spoke about AI liability 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."
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