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 255 Artaine East voters.
41% Yes |
59% No |
41% Yes |
59% No |
Trend of support over time for each answer from 255 Artaine East voters.
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Trend of how important this issue is for 255 Artaine East voters.
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Unique answers from Artaine East voters whose views went beyond the provided options.
@9ZFPSQY2wks2W
Depends. They’re individuals, they shouldn’t be treated as business entities.
@9ZFJYRR2wks2W
yes to ensure the buyers aren't scammed but they shouldn't have to face the same amount of legal docs as a business
@9ZRVQ4W1 day1D
Yes for High income artists, but there should be means testing for reasonable thresholds. The arts is a crucial part of Irish culture
@9ZNQQ8G6 days6D
Yes, Depending on the income from the selling of artwork, if it over a certain threshold it should be taxed.
@9ZK6QW62wks2W
Depends on the artists background we know most art colleges are attended by affluent families with working class individuals being the minority
@9ZJN9RF2wks2W
Not the same requirements, but some to hold them to a level of accountability
@9ZJKV8Z2wks2W
Individual artists shouldn't be held to the same standards as large businesses but should be held to some degree of clarity
@9ZJKHJL2wks2W
Yes for artists earning over a certain amount (eg €150k)
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