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
Response rates from 11.5k Dublin South-East voters.
46% Yes |
54% No |
46% Yes |
54% No |
0% Yes, but only if the sales price is high enough to justify it as an investment |
Trend of support over time for each answer from 11.5k Dublin South-East voters.
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Trend of how important this issue is for 11.5k Dublin South-East voters.
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Unique answers from Dublin South-East voters whose views went beyond the provided options.
@9ZJN9RF5mos5MO
Not the same requirements, but some to hold them to a level of accountability
@9ZFJYRR5mos5MO
yes to ensure the buyers aren't scammed but they shouldn't have to face the same amount of legal docs as a business
@9ZFPSQY5mos5MO
Depends. They’re individuals, they shouldn’t be treated as business entities.
@B4LP8294 days4D
Artwork is artwork, the rightful owner has the right to sell it, and has the right to decide if companies should own it for their needs
@B4LP8294 days4D
Artwork is artwork, the rightful owner has the right to seel it, and has the right to decide if companies should own it for their needs
@9ZVBYNT5mos5MO
Tricky! On the surface I'd say no, however there's a propensity for laundering activities to be considered ... hard one.
@9ZTQJLX5mos5MO
Yes but only when I come made from the selling of artwork has reached a certain threshold. This protects small or upcoming artists whilst also protesting the consumer from fraud when purchasing more expensive artwork
@9ZSZNP35mos5MO
Individual artists shouldn’t be compared to large business entities but there should be something in place to prevent scamming
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