ATF Publishes Final Ruling Requiring FFLs Report Guns Lost or Stolen In Transit

By Nick Leghorn

As part of President Obama’s push for tighter restrictions on gun owners and dealers, the ATF has issued their final ruling on requiring gun dealers to report guns that have been lost or stolen in transit. Previously FFLs were able to ship firearms, mark them as being out of their inventory, and forget about it once they had their cash in hand. Now the onus is on the shipping dealer to track that package and ensure that it reaches the intended destination. Naturally the NSSF has taken issue with this, and the rule (as well as their opposition) was explained in an email blast yesterday . . .

The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) has published the final lost and stolen in transit rule in the Federal Register. NSSF has actively opposed the rule since a version was first published in 2000. The rule becomes effective 30 days from today, on Feb. 11. Apart from ATF’s lack of statutory authority to impose the rule, the major problem with this rule is that it requires FFLs to report as lost or stolen in transit firearms that have already left their inventory. Once firearms have …Read the Rest

Source:: Truth About Guns