@ISIDEWITHQuestionsTechnologicalStarted 6mos agoActive 3wks ago

Should artists be held to the same reporting and disclosure requirements as hedge funds, mutual funds, and public companies when selling their artwork?

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 732 Rhinoceros voters.

49%
Yes
51%
No
49%
Yes
51%
No

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Unique answers from Rhinoceros voters whose views went beyond the provided options.

 @9SSRG9Hfrom Manitoba  answered…6mos6MO

Artists should be held to the same standards as anyone who is sort employed. The selling of their art is a business.

 @9ZRQ8ZPfrom Nova Scotia  answered…4mos4MO

Yes, but only if the art surpasses a particular value threshold.

 @9ZTRL63from British Columbia  answered…3mos3MO

Yes, but only for artists who are making a certain a substantial income off their work

 @B2SZMQDfrom Ontario  answered…1mo1MO

Yes, artists should be held to the same standards as everything else, while also making sure the process is very simple and non-tedious.

 @B2P2T62from Alberta  answered…1mo1MO

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

 @B2J3VBFfrom Ontario  answered…2mos2MO

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".

 @B26C299from Ontario  answered…3mos3MO

Yes, but only over a certain threshold. (e.g $10k)

 @B268QZVfrom British Columbia  answered…3mos3MO

Depends. Most aren’t making enough to get by, and we need the arts to have a vibrant community.

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 @ISIDEWITH submitted…4mos4MO

Peace Over Party: Arab American Leaders Stun Democrats with Mass Trump Endorsement

Former President Trump earned endorsements from "highly respected" Muslim leaders and Imams during a campaign rally in the battleground state of Michigan. Trump, speaking to a crowd in Novi, Michigan, on Saturday afternoon, called the group of Muslim leaders "highly respected," before bringing them onstage."I’m thrilled to accept the endorsement of these highly respected leaders," Trump told the thundering crowd.The group of leaders cited Trump’s commitment to ending wars and ensuring global peace as a primary reason for their support, describing him as a leader who "promises peace, not war.""We, as Muslims, stand with President Trump because he promises peace, not war!" Imam Belal Alzuhairi said. "We are supporting Donald Trump because he promised to end war in the Middle East and Ukraine," Alzuhairi said. "The bloodshed has to stop all over the world, and I think this man can make that happen. I personally believe that God saved his life twice for a reason.""We're going to stop the wars, we're going to make the United States safe again, and we're going to make the world safe," Bazzi said."What a nice endorsement," Trump said after Bazzi’s speech. "These are great people."The Muslim leaders official endorsement came after Amer Ghalib, the mayor of the Detroit-area suburb Hamtramck, announced his support of Trump in a Facebook post on Oct. 20."Though it’s looking good, he may or may not win the election and be the 47th president of the United States, but I believe he is the right choice for this critical time," Ghalib wrote in Arabic on his Facebook page. "I’ll not regret my decision no matter what the outcome would be, and I’m ready to face the consequences. For this, and for many other reasons, I announce my support and endorsement for the former, and hopefully, the next President of the United States, Donald Trump."Ghalib’s endorsement of Trump comes after the two met in Flint earlier this week for a private 20-minute conversation. Ghalib told The Detroit News that Trump "knew a lot about me before the meeting." "We talked about various topics including the debates, the polls updates, the statistics of votes in Michigan and Wayne County, the Arab American concerns and the Yemeni Americans in particular. We also talked about the situation in Yemen," Ghalib said.

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Active 15hrs ago

 @ISIDEWITH submitted…3mos3MO

Defense Bill Blocks Transgender Care To Minors

The Senate on Wednesday gave final approval to a defense policy bill directing $895 billion toward the Pentagon and other military activities, moving over the objections of some Democrats who opposed a provision added late in the negotiations that would deny coverage for transgender health procedures for minors.The 85-to-14 vote, coming a week after a divided House passed the same measure, cleared the bill for President Biden’s signature.Most Republicans and many Democrats supported the measure, which provides a 14.5 percent pay raise to junior enlisted service members and a 4.5 percent pay raise for all other service members. It also expands access to meal assistance, housing and child care programs that benefit those in uniform.But several Democrats withheld their backing in protest of a provision preventing TRICARE, the military’s health care plan for service members, from covering “medical interventions for the treatment of gender dysphoria that could result in sterilization” for children under 18.The language, which would affect the gender-transitioning children of service members, was recently added to the measure at the insistence of Speaker Mike Johnson, Republican of Louisiana, who refused to bring a defense bill to the House floor without it, according to aides familiar with the negotiations.Twenty-one Democrats, led by Senator Tammy Baldwin of Wisconsin, proposed an amendment to strip the provision from the bill, but the matter was never brought to a vote. Several of them took to the floor on Tuesday to lodge their objections.“It’s flat-out wrong to put this provision in this bill and take away a service member’s freedom to make that decision for their families,” Ms. Baldwin said, estimating that the provision could negatively affect as many as 6,000 to 7,000 military families.

▲  2019 replies5 agree1 disagree6