@ISIDEWITHQuestionsTechnologicalStarted 4mos agoActive 6hrs 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 1.5k Davidson voters.

46%
Yes
54%
No
46%
Yes
54%
No

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Other Popular Answers

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

 @9SWKQKL from Tennessee  answered…4mos4MO

This should be implemented for art exceeding a limit, like $10,000. It should not be applied to small or minor works.

 @9SZZZ2T from Minnesota  answered…4mos4MO

Yes, but only if the regulations are simple and fair without an undo reporting burden on the artist.

 @9SXRJP2 from New York  answered…4mos4MO

Yes, for large volume traders of artwork or high-earning artists where a specific earned income from the works is stated such as $1 million plus.

 @9SSCMHB from Texas  answered…4mos4MO

It's their artwork so they should be able to do whatever they want with it and sell it however they want.

 @9SWFP8X from Florida  answered…4mos4MO

They should have some form of regulation for reporting and disclosing because artwork is used as a means of money laundering.

 @9TP3NXB from Kentucky  answered…3mos3MO

While some level of reporting and disclosure is important to ensure fairness and prevent exploitation, it should be tailored to the specific context of the art world rather than being identical to the requirements for hedge funds, mutual funds, and public companies.

 @9ZP8SND from California  answered…1mo1MO

They shouldn't be held to the same reporting and disclosure but they should have some form of accountability.

 @9T8688D from Wisconsin  answered…4mos4MO

This should be implemented for art exceeding a limit but it should not be applied to minor works of art.

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 @ISIDEWITH submitted…2wks2W

Pete Hegseth Slams Gay Troops Policy

Pete Hegseth, President-elect Donald Trump’s pick for secretary of defense, has repeatedly criticized policies allowing gay people to serve openly in the US military, calling them part of a “Marxist” agenda to prioritize social justice over combat readiness.In his 2024 book “The War on Warriors” and in subsequent media promotions this year, Hegseth described both the original “don’t ask, don’t tell” (DADT) policy and its repeal in 2011 as a “gateway” and a “camouflage” for broader cultural changes that he claims have undermined military cohesion and effectiveness.In a 2015 appearance on Fox News, Hegseth also argued these policies like repealing DADT “erode standards” in favor of political goals like social engineering.DADT was implemented under President Bill Clinton in the 1990s and allowed gay people and lesbians to serve in the military — provided they did not disclose their sexuality. Military officials were also barred from asking military members their sexual orientation. If a troop’s orientation came to light, it could lead to their discharge.The policy was repealed during the Obama administration, allowing openly gay service members.Hegseth writes in his book that he was initially ambivalent to the change but came to regret his passive stance, describing the repeal as a “breach in the wire” that opened the door for broader cultural and ideological changes in the military.On Thursday, Hegseth appeared to walk back his earlier remarks about DADT, telling CNN, “Oppose the repeal? No, I don’t,” and calling this report on his previous comments “more false reporting.”

▲  1811 replies

 @ISIDEWITH submitted…1mo1MO

Vetting Fiasco: Trump's Defense Pick Caught in Sexual Assault Allegation Storm

CNN commentator and New York Times reporter Maggie Haberman said President-elect Donald Trump’s team missed Pete Hegseth’s payoff to a sexual assault accuser when they vetted him to be secretary of defense.Hegseth is among a raft of cabinet picks facing tough confirmations, and who aren’t being subjected to the customary FBI checks, instead being vetted by private firms. Over the weekend, Hegseth’s attorney dropped the bomb that there was a confidential settlement with a woman who accused the former Fox News host of sexual assault. On Monday night’s edition of CNN’s The Source with Kaitlan Collins, Haberman revealed that her sources in Trump world did not know about the payoff, which was missed in the vetting “because it was a private settlement”HABERMAN: There’s more concern from some people around Trump than there is from Trump himself, about this whole issue. Trump has really dug in, and has told advisers that he is going to stick with Hegseth. Now, we’ll see if anything else emerges.They did do a vet, we are told. This did not show up, this issue, because it was a private settlement, according to the people, who were briefed on what took place. Trump really likes Pete Hegseth. But this did introduce the thing Trump doesn’t like, which is an element of surprise and a negative headline. And so, we will see where this goes.

▲  59 replies

 @ISIDEWITH submitted…2mos2MO

Inside the Podcast Revolution: Trump’s Unfiltered Strategy and Harris’s ‘Meltdown’ Risk

Tech billionaire Elon Musk attributed President-elect Trump’s election victory, at least in part, to the lengthy podcast interviews he did during the campaign.In an interview late Tuesday with former Fox News host Tucker Carlson, Musk said Trump’s podcast appearances showed the American public that he was a normal person.“I think it made a big difference that President Trump and soon-to-be Vice President Vance went on lengthy podcasts,” Musk said in the interview.“I think this really makes a difference because people look at, like, Joe Rogan’s podcast, which is great, and Lex Fridman’s and the All-In podcast, and, you know, to a reasonable-minded, smart person — who’s not, like, hardcore one way or the other — they just listen to someone talk for a few hours and that’s how they decide whether, you know, you’re a good person, whether they like you,” he added, according to a clip highlighted by Mediaite.Trump conducted many interviews with new media during his campaign, as well as with legacy news organizations such as Fox News.Last month, he joined Joe Rogan’s podcast for a 3-hour long interview. The celebrity host later endorsed his candidacy.His opponent, Vice President Harris, did not appear on Rogan’s podcast because, according to “The Joe Rogan Experience” host, the Harris campaign only had an hour and required him to travel to her. Rogan said he felt “strongly” that the “best way to do” an interview with the vice president would have been in his studio in Austin, Texas.Musk recalled posting on his social platform X account that “nothing would do more damage” to Harris’s campaign than going on Rogan’s podcast, “because she would run out of non-sequiturs after about 45 minutes.”“You can’t hide for three hours,” Carlson replied.Musk added, “Yeah, like, hour two and three would be a complete melted puddle of nonsense. So it would just be absolute game over. That’s why she didn’t go on.”“But on the other hand, Trump, he’s there, and there’s no, there’s no talking points,” the Tesla CEO continued. “He’s just being a normal person who’s having a conversation, and doing three hours of Rogan, no problem.”

▲  349 replies

Active 5hrs ago

 @ISIDEWITH submitted…1wk1W

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.

▲  1914 replies3 agree