“Engaged in the Business as a Dealer in Firearms” – Final Rule Notification

The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) sent the following notice this afternoon regarding firearm storage at FFLs. Please review the notice in its entirety.
From ATF:
On April 10, 2024, the Attorney General signed ATF’s final rule, Definition of “Engaged in the Business” as a Dealer in Firearms, amending ATF’s regulations in title 27, Code of Federal Regulations (“CFR”), part 478. The final rule implements the provisions of the Bipartisan Safer Communities Act (“BSCA,” effective June 25, 2022), which broadened the definition of when a person is considered “engaged in the business” as a dealer in firearms (other than a gunsmith or pawnbroker). The Final Rule clarifies that definition.
This final rule incorporates BSCA’s definitions of “predominantly earn a profit” and “terrorism,” and amends the regulatory definitions of “engaged in the business as a dealer other than a gunsmith or pawnbroker” and “principal objective of livelihood and profit” to ensure each conforms with the BSCA’s statutory changes and can be relied upon by the public.
The final rule clarifies when a person is “engaged in the business” as a dealer in firearms at wholesale or retail by: Read more