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Justice Department finalizes rules to close ‘gun show loophole’ | The change was touted by the White House as the biggest increase in gun regulation in decades (wapo.st)

submitted 6 months ago by [email protected] to c/[email protected]

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[–] [email protected] 4 points 6 months ago (2 children)

There are some exceptions, including for hobbyists who are selling firearms from their collection and people who sell firearms they inherited.

This makes the law toothless. People who were selling mainly for a profit just at gun shows were already in violation of the law, just that nobody did anything about it.

Now they'll just claim to be hobbyists and can continue as if nothing changed.

The only way they can make this stick is if they determine that "for profit" means you make more money than you bought it for, rather than intending to make more money that you bought it for, which would be ridiculous.

[–] [email protected] 6 points 6 months ago

It includes a specific set of rules for making the determination.

[–] [email protected] -2 points 6 months ago (2 children)

This would mean that anybody ever selling any firearm for any reason will have to register as an FFL? How asinine would that be lol. Either used firearm costs would plummet, as everyone selling would gradually lower the cost of the gun if they resold it, or nobody would ever sell their guns, which would be wasteful and anti-free trade.

[–] [email protected] 3 points 6 months ago

It means that if you're making a business out of selling guns, you need to register as an FFL. If you're selling off well-worn equipment that you yourself used, not so much.