The United States House of Representatives is considering expanding the Bank Secrecy Act in order to make galleries and auction houses subject to federal regulation. And the entire art market is buzzing. But the rules of the art market aren’t always written by the government. Last month, the Art Business Conference hosted a panel discussion on Art Basel’s “Art Market Principles and Best Practices,” a set of internal regulations governing the conduct of galleries participating in the fair

This week, we bring you audio of that panel, along with a brief introduction. The discussion was moderated by Artsy Executive Editor Alexander Forbes and featured art advisor Elizabeth Szancer, gallerist Stefania Bortolami, and art lawyer Jo Backer Laird.