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
Province/Territory
Response rates from 1.4k Right voters.
55% Yes |
45% No |
54% Yes |
45% No |
1% 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 1.4k Right voters.
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Trend of how important this issue is for 1.4k Right voters.
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Unique answers from Right voters whose views went beyond the provided options.
@9SSRG9H8mos8MO
Artists should be held to the same standards as anyone who is sort employed. The selling of their art is a business.
@9ZRQ8ZP5mos5MO
Yes, but only if the art surpasses a particular value threshold.
@9ZTRL635mos5MO
Yes, but only for artists who are making a certain a substantial income off their work
@B4H5T5Z2wks2W
There should be categories for smaller groups and larger groups depending on how much the income is.
@B4BM96J3wks3W
depending on the value of the artwork in question. High value transactions should be treated as such, but most artists don't get high value commissions
@B2SZMQD3mos3MO
Yes, artists should be held to the same standards as everything else, while also making sure the process is very simple and non-tedious.
@B2P2T623mos3MO
It should always be considered income and treated as such. Like retail institutions selling a product, an artist is selling their product. However, rules should still apply for authenticity of large works
@B2J3VBF3mos3MO
I think that extent of reporting is somewhat extreme, but art should be reported as it can easily be manipulated to provide unfair benefits to certain people or be involved in "funny business".
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