I am using the new update and notice that whenever a link is copied and pasted into a post, it comes up as regular text instead of a link that can be clicked on. Is there a setting that I can change to make this happen?

Cut and paste will work but to make it neater, the user should use the tool bar to post a link that uses ubb code.
it is the second one from the left . It has a earth globe with a paperclip.

For cut and past to work it should be the full url such as
http://www.ubbcentral.com not
ubbcentral.com