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End run around Protection of Lawful Commerce in Arms Act

Discussion in 'Legal' started by Zundfolge, Apr 25, 2008.

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  1. Zundfolge

    Zundfolge Member

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    While not the actual purpose of this new law, I can see it as being used that way.


    source

     
  2. Henry Bowman

    Henry Bowman Senior Member

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    Let's keep the discussion of this gun related (or the thread will get locked).

    I see two possible exceptions to protect lawful gun sales:
    1) To the extent that there is a conflict between the law and rules, the Protection of Lawful Commerce in Arms Act may include language that overrides the other. I'll have to check that.

    2) The article says that there is a threshold amount below which the "rules" do not apply. That may be high enough to exclude most single gun sales.
     
  3. Telperion

    Telperion Member

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    This program looks to be focused on preventing identity theft and applies to financial institutions or creditors. How would this apply to the gun business?

    Note, also, the guy saying it could impact mom-and-pop stores happens to be the guy selling his vetting service.
     
  4. HuntAndFish

    HuntAndFish Member

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    The OFAC is checked for banking and mutual fund transactions but I don't think car dealers are doing this because that DB is huge and requires some serious computer resources. I can't believe that every single small business in the US is now going to have to perform a Red Flag check on every transaction.
     
  5. Frog48

    Frog48 Member

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    I noticed that too. This guy is trying to drum up business for himself.
     
  6. sacp81170a

    sacp81170a Member

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    Doesn't NICS already cover this?
     
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