Posted March 3, 2018 4:08 pm by Comments

By NRAHQ

Suppressors Interest 2017
Suppressors Interest 2017
National Rifle Association Institute For Legislative Action (NRA-ILA)
National Rifle Association Institute For Legislative Action (NRA-ILA)

Fairfax, VA – -(Ammoland.com)- The number of Form 4 applications received by the Bureau of Alcohol, Tobacco, Firearms, and Explosives (BATFE) in 2016 and 2017 seems to indicate a clear peak followed by a marked drop-off. Nearly three times as many applications were received in 2016 as in 2017.

Another indication of the Trump Slump or pre-Hillary Clinton panic buying?

Hardly.

About two years ago, BATFE issued Rule 41F Machine guns, Destructive Devices, and Certain Other Firearms; Background Checks for Responsible Persons of a Trust or Legal Entity with Respect to Making or Transferring a Firearm.

The ATF reports that the goal of this rule is “to ensure that the identification and background check requirements apply equally to individuals, trusts, and legal entities who apply to make or receive NFA firearms.” The rule became effective on July 13, 2016. Approximately two years’ worth of consumer purchases were compressed into the first six months of 2016 – pushing the total number of Form 4 NFA applications to 312,850 for the year. All but about 12% of these applications were submitted before Rule …Read the Rest

Source:: AmmoLand

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