tenx wrote on Nov 4
th, 2012 at 7:05am:
Set Trigger,
Maybe the point I was trying to get across got lost in the message.
Federal law says when a gun dealer decides to quit business ALL his records must be sent into the BATF. Since most FFL licenses are held by individuals there is a big turnaround of dealers. Plus a few years back the cost of an FFL became prohibitive and a lot of dealers quit. So.... How many of your guns are now residing in a federal data base?
Pete
Hi Tenx Pete,
You are correct, when a dealer goes out of business he has to send his books to BATF.
They are used for tracking guns in criminal cases, also true is that if the dealer is still in business and BATF ask him to check on a gun that may have been stolen or used in a crime he should do so. That's all part of being a gun dealer. If a person is not happy following the laws, then maybe they should not be in the business.
As to the big turn around of dealers, that's probably because a lot of guys that thought they wanted to be a gun dealer could not handle what is required, or just did not do the paper work at all and there FFL was revoked.
I think that happened awhile back with one of the members on this forum.
Sometimes these are the same guys that complain about about how rotten the ATF agents are because the didn't let them brake the law
As to the "prohibitive" cost, if that's the reason some quit because an FFL is costly they have to be super cheap, an FFL is $ 30.00 a year as I type this, if a real dealer cant make that on his first sale he's not much of a dealer, and is just using the FFL as a hobby, some don't seem to understand that it's not a "hobby" license, it's a business license. If what they want is a hobby license they should have gotten a C&R license, not a dealers FFL.
On to the "How many of your guns are now in a federal data base" my answer to that is none, because there is no federal data base.
S T