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.
Statistics are shown for this demographic
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Response rates from 2.8k Irish Republicanism voters.
45% Yes |
55% No |
45% Yes |
55% No |
Trend of support over time for each answer from 2.8k Irish Republicanism voters.
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Trend of how important this issue is for 2.8k Irish Republicanism voters.
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Unique answers from Irish Republicanism 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
@9ZK6QW61wk1W
Depends on the artists background we know most art colleges are attended by affluent families with working class individuals being the minority
@9ZJN9RF1wk1W
Not the same requirements, but some to hold them to a level of accountability
@9ZJKV8Z1wk1W
Individual artists shouldn't be held to the same standards as large businesses but should be held to some degree of clarity
@9ZJKHJL1wk1W
Yes for artists earning over a certain amount (eg €150k)
@9ZJ247Z1wk1W
Yes, but only after the value of the art exceeds a reasonable threshold - or the seller/dealer's combined income exceeds a reasonable threshold. Individual artists, should not be subjected to burdensome regulations if they're making less than a good, middle-class, living from their art.
@9ZHY7VS 1wk1W
I want to artists to able to make a living from art and remain protected
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