This video explains ATF Rule 2022 R-7, which redefines what it means to be 'engaged in the business' as a firearms dealer. The rule, stemming from the Bipartisan Safer Communities Act, shifts the focus from 'livelihood and profit' to 'predominantly earn a profit.' It outlines specific activities that create a rebuttable presumption of being a dealer, impacting individuals who buy and resell firearms, especially online or at gun shows, without an FFL.
This video from Mrgunsngear provides an expert-level analysis of the ATF's new rule redefining 'engaged in the business' of dealing firearms. It details how the rule, stemming from the Bipartisan Safer Communities Act, significantly lowers the threshold for requiring a Federal Firearms License (FFL), potentially impacting private gun sales and transfers by broadening the definition of 'pecuniary gain' and removing the sole reliance on 'profit motive'. The speaker highlights the ambiguity in the new regulations regarding quantities and timeframes, potential legal challenges, and severe penalties for violations.
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