NFA transfers

22Oct

Closing the “NFA Trust Loophole”

Posted by in FFL123 FFL Blog

NFA Trust Loophole – Obama

The document aimed at closing the “NFA trust loophole,” otherwise known as the ATF 41P Proposed Rule Change, is fourteen pages of arguments and data laid out to convince Congress that there needs to be a rule change and why. The ATF is leaving the proposal open for comments, and many in the firearms industry have already voiced their opinions.

One general consensus, with which we agree, is the potential of this proposal to negatively impact the silencer industry financially in a big way. In North Dakota, South Dakota, Nebraska, and Wyoming, where our firearms company Dakota …

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