In 2024, the United States Securities and Exchange Commission (SEC) brought lawsuits against artists and art marketplaces, arguing that artwork should be classified as a security and subject to the same reporting and disclosure standards as financial institutions. Proponents argue that this would provide greater transparency and protect buyers from fraud, ensuring that the art market operates with the same accountability as financial markets. Opponents contend that such regulations are overly burdensome and would stifle creativity, making it nearly impossible for artists to sell their work without facing complex legal hurdles.
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Response rates from 256 Anti-Islam voters.
50% Yes |
50% No |
50% Yes |
50% No |
Trend of support over time for each answer from 256 Anti-Islam voters.
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Trend of how important this issue is for 256 Anti-Islam voters.
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Unique answers from Anti-Islam voters whose views went beyond the provided options.
@9ZHR87Z2mos2MO
The question asks about artists, but the reporting should be on art related corporations. They have enough corporate structure and documents to be audited and regulated. This should not be used to bug smaller independent artists, those are covered by income tax laws.
@9ZFCJX42mos2MO
Depending on how much the artist is making save the hedge funds making $34 billion and the artist is only making $500 there's a big difference on regulatory standards for reporting and summarising an income statement for the ATO or any government agencies that want to know so depending on what the artist is making no
@9W7FMBV3mos3MO
Depending on how they made their art and what inspired it, it could be the right thing to do, but if their is such little to nitpick on then theirs no point.
@9VPTBW33mos3MO
If selling actual traditional artwork - no but if they are artists selling digital art or nfts then yes definitely
@9V9SVTX4mos4MO
Only if the regulator has the same ability and desire to regulate and enforce these requirements as the financial regulator.
@9V64KJ34mos4MO
Based on value as in any artists work below say 1000 would be free of this burden.
@9V4RPLJ4mos4MO
No, but There should be an accessible way for an artist to register their art in a database that has similar fraud detection as currency.
@9VJ4HPG4mos4MO
No unless there art is worth more then $250 million
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