Blog 2017-11-20T14:52:38+00:00

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The Firearms Industry Alert
Immediate breaking news and commentary with a spotlight on the direct impact to Federal Firearms Licensees.

The Firearms Industry Advisory Blog
We provide recipients of our Blog with key insight for running your manufacturing, distribution or retail firearms business. The Blog is published twice a month. Our trusted firearm industry operations and compliance experts write about the following topics:

  • How to pass an ATF inspection
  • Updates on State laws affecting firearm dealers
  • Tips and Tricks for managing your electronic Bound Book
  • Understanding NFA regulations and selling suppressors
  • Identifying top serial number scanning equipment
  • Learning how ITAR impacts the industry, even for those that don’t export
  • And, much, much more

NASGW’s 2017 Regulatory Year in Review, Presented by Orchid Advisors and FFLBizHub.com

Join Orchid Advisors and FFLBizHub.com for NASGW's 2017 Firearms Regulatory Year in Review This webinar is designed specifically for the wholesale distribution channel. In our 30 minute event, industry experts will summarize [...]

ATF Form 6a (5330.3C) – Release and Receipt of Imported Firearms, Ammunition, and Defense Articles, Posted in Federal Register; Additional 30 Days for Comment

The following was posted in the Federal Register, October 4, 2017, Vol. 82, No. 191, Page 46285: Summary: The Department of Justice (DOJ), Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), will [...]

October 5th, 2017|Categories: Advisory Alert, Industry Blog|Tags: , , , |

ATF Guidance on Disaster Preparedness for Federal Firearms Licensees and Federal Explosives Licensees and Permittees 

On September 5, 2017 ATF Headquarters issued the following:Bureau of Alcohol, Tobacco, Firearms and Explosives, Special Advisory, Headquarters For Immediate Release, Tuesday, September 5, 2017 Contact: Public Affairs Division, 202-648-8500, www.atf.gov WASHINGTON, D.C. – The [...]

September 5th, 2017|Categories: Advisory Alert, Industry Blog|Tags: , , , , |

What is ITAR?

The ITAR are federal regulations with which any American company that manufactures firearms or ammunition, or sells them internationally, has to comply. Even manufacturers who only sell domestically must obey the ITAR. For any firearms [...]

May 17th, 2016|Categories: Industry Blog|Tags: |

DDTC Posts Revised Agreement Guidelines

If you prepare Technical Assistance Agreements (TAAs), Manufacturing License Agreements (MLAs) or Warehouse and Distribution Agreements (WDAs), you know that DDTC’s Guidelines for Preparing Agreements are a trusted source when it comes to preparing them [...]

March 28th, 2016|Categories: Advisory Alert|

ATF Increases Industry Outreach

Over the past year ATF has continued to fine tune its approach towards regulating the firearms and explosives industries. The fundamentals of the program are geared toward mutual learning, increased sharing of data and other [...]

October 29th, 2015|Categories: Advisory Alert|Tags: , |

The FFL Revocation Process

Halloween is just around the corner, but we aren’t trying to “scare you” with today’s discussion on ATF revocations! It’s important for FFLs to learn from our various teachings that include compliance advisory, business performance [...]

October 1st, 2015|Categories: Advisory Alert|Tags: , , |

Orchid Advisors and NSSF Announce Platinum Sponsor Epicor and ATF Program Sessions At 2015 Firearms Compliance Conference

Hartford, CT, APRIL 7, 2015 — Orchid Advisors, the only management consultancy dedicated to the firearms industry, and NSSF, the trade association for the firearms and ammunition industry announces keynote speakers and top sponsors for [...]

ATF Compliance and Business Profits Jump With CCM

Software-based business analytics are being used to monitor transactions on a real-time basis, including but not limited to: firearm sales discounts, expense reimbursements, and even electronic A&D book transactions.   This week’s Advisory provides real-life [...]

How Does ATF Define a Business

(Download) As April 15 approaches, individuals and business are reviewing their operations from the previous year in preparation of their taxes.  This would include any business opportunities or situations that would affect their tax liability.  [...]

February 19th, 2015|Categories: Advisory Alert|Tags: , |

Do You Export

By Jeffrey G. GrodyDid you see the signs at many SHOT Show booths announcing “We Export” in bright colors and five languages? Those companies recognize the opportunity presented by sales to the international market and [...]

January 29th, 2015|Categories: Advisory Alert|Tags: , , |

Know Your Regulators

You may have heard some horror stories…. They come intentionally when the owner isn’t there, they “swarm” the building, they are out to get you and won’t stop until they take away your Federal Firearm [...]

January 14th, 2015|Categories: Industry Blog|Tags: , |

Getting an FFL

With the New Year upon us, for many it is time for change or an opportunity to refine our bucket list; Perhaps you've started that house project that's been in limbo for months, joined a [...]

January 7th, 2015|Categories: Industry Blog|

Are You Registered with DDTC

(Download) By Jeffrey G. GrodyIf you manufacture firearms, firearm components or ammunition, you are required to register your business with the Directorate of Defense Trade Controls (DDTC) of the U.S. State Department and pay a [...]

October 29th, 2014|Categories: Advisory Alert|Tags: , , |

Orchid Advisors’ 2014 Firearms Compliance Conference Adds More Speakers, Sponsors, Exhibitors; Announces Final Agenda For Oct 6-8 Meeting In Miami, FL

(Link to actual press release)Hartford, CT (PRWEB) September 08, 2014 Orchid Advisors, the only management consultancy dedicated to the firearms industry, announces its final agenda program for its 2014 Compliance Conference on October 6-8, 2014 in Miami, [...]

September 8th, 2014|Categories: Advisory Alert|

The Smartest of Firearms

What do you get when you mix an inventor of jet fighter heads up display technology with computer lab engineers with sniper mentality?  The Mensa of firearms was unveiled by TrackingPoint, setting off a firestorm [...]

September 3rd, 2014|Categories: Industry Blog|Tags: |

Orchid Advisors Announces Broad Industry Participation, Keynotes, and Speakers for Its 2014 Firearms Compliance Conference

(Link to Actual Press Release)Hartford, CT (PRWEB) August 20, 2014 - Orchid Advisors, the only management consultancy dedicated to the firearms industry, announces the keynote speakers and program for its 2014 Firearms Compliance Conference on October 6-8, 2014, [...]

August 20th, 2014|Categories: Advisory Alert|Tags: |

Air Force One

It’s Friday morning and the weather has been sufficiently fine across the country. Many of you are likely half way out the door for the weekend.  But, hang on for just a minute and let’s [...]

May 30th, 2014|Categories: Advisory Alert|Tags: |

The NFA Firearm

(Download)Recognizing the NFA Firearm16 – 18 – 26 – Go!  Nope, we’re not strategizing play calls in the off-season.  We’re sharing our quasi-pneumonic for spotting NFA firearms and devices.  If you’re an importer, dealer, collector, [...]

May 16th, 2014|Categories: Advisory Alert|Tags: , |

The FFL and the Non-Resident Customer

Federal and state laws embody a clear preference for in-person, over-the-counter firearms transactions.  From federal law to ATF publications, local sales with solid customer relationships are the gold standard.  In this scenario, the FFL has [...]

April 9th, 2014|Categories: Industry Blog|Tags: |

ATF Ruling 2013-5

On December 17, 2013, the ATF issued Ruling 2013-5 to respond to inquiries from FFLs about maintaining acquisition and disposition records in electronic form, as opposed to paper form. It also put out a 2-page [...]

March 19th, 2014|Categories: Industry Blog|Tags: |

Active Records in the NICS Index

We say the acronym "NICS" with such frequency, we have to think when someones asks, "What does that stand for?" The “National Instant Criminal Background Check System,” referred to simply as “NICS,” was mandated by the [...]

March 5th, 2014|Categories: Industry Blog|Tags: |

Industry By the Numbers

Download or Read BelowIndustry by the NumbersIn this issue: - Article: Industry by the Numbers - Download: Three best-practice whitepapersIndustry By the Numbers It’s surprising that analysts and economists aren’t flocking in drones to the [...]

February 14th, 2014|Categories: Advisory Alert|Tags: |

Firearms Inventory Analysis – 1.24.14

Download or Read Below January 24, 2014In this issue: - Press Release: Orchid Advisors Announces Inventory Analysis Service For Firearms Manufacturers, Wholesalers and Dealers - Download: Three best-practice WhitepapersOrchid Advisors Announces Inventory Analysis Service For [...]

January 24th, 2014|Categories: Advisory Alert|Tags: |

Alert – Orchid Advisors Announces First SAP-ERP Firearms Compliance Solution

Download or Read BelowAlert - Orchid Advisors Announces First SAP-ERP Firearms Compliance Solution Today, Orchid Advisors announces the first Firearms Compliance Solution specifically designed to enhance ATF, Import and Export compliance requirements throughout the entire [...]

January 13th, 2014|Categories: Advisory Alert|Tags: , , |

Happy Holidays

Download or Read BelowHappy Holidays Happy Holidays from Orchid Advisors. We wish you and your family a restful and relaxing New Year. We’re taking a break from the ‘serious discussion’ this week to bring you [...]

December 27th, 2013|Categories: Advisory Alert|

Happy Holidays

Happy Holidays from Orchid Advisors. We wish you and your family a restful and relaxing New Year. We’re taking a break from the ‘serious discussion’ this week to bring you a little holiday cheer and [...]

December 25th, 2013|Categories: Industry Blog|

Firearms sales on Instagram

It was only a matter of time before firearms would make their way onto Instagram. Instagram originally started as people posting pictures of their favorite firearms turned into private owners and dealers offering the same [...]

December 18th, 2013|Categories: Industry Blog|Tags: |

A Whole New Kind of Marketing

Dakota Arms has announced a whole new form of marketing that just might resonate with consumers.  Confused about the law?  We know where our silencers are legal, and by the way they are “cool.” In [...]

September 10th, 2013|Categories: Industry Blog|

Federal vs. State vs. Federal

Now a case with a long procedural history is heading into a very interesting phase that might provide some insight into what happens when a state government affords broader rights to its citizens than might [...]

August 28th, 2013|Categories: Industry Blog|

Progress in Colorado Federal Lawsuit?

On July 10, 2013, the Attorney General of Colorado issued an “Additional Technical Guidance” letter.  The first, related guidance was issued on May 16, 2013.  Both documents relate specifically to Colorado House Bill 1224, which [...]

August 15th, 2013|Categories: Industry Blog|

ATF Rulings

Are you familiar with ATF “Rulings?”  These are documents issued by the ATF, typically in response to questions from FFLs, which interpret and modify the implementing regulations associated, for example, with the Gun Control Act [...]

July 28th, 2013|Categories: Industry Blog|Tags: |

Marking of Firearms

Marking of firearms can be split into two categories:  those FFLs that manufacture a firearm from start to finish and those FFLs that manufacture firearms with parts from third party vendors. Let’s use ATF Ruling [...]

July 24th, 2013|Categories: Industry Blog|Tags: |

Patent Me A Microstamp

With the major announcement on May 18, 2013 by the California Attorney General that its microstamping provision would be immediately effective, we’ve been looking at what this means for manufacturers and sellers of handguns in [...]

July 10th, 2013|Categories: Industry Blog|

Wordsmithing for Gunsmiths

Recently, we brought you a two-part blog on the perils of federal definitions of “guns,” including that federal statutes and regulations can – and do – differ.  Today, we want to continue to emphasize the [...]

June 17th, 2013|Categories: Industry Blog|

When is a “Gun” not a “Gun?” (Part 1)

(It’s actually not a trick question.) The simple answer is: when you’re reading the laws, regulations, rulings, and guidance documents related to guns. The National Firearms Act of 1968 defines “firearms,” “machineguns,” “rifles,” “shotguns,” “antique firearms,” and [...]

May 30th, 2013|Categories: Industry Blog|Tags: |

Serials and Three-Legged Stools

It may be cliché that the devil’s in the details, but when it comes to proper firearms markings, the cliché is the simple truth.  If you’re a manufacturer of firearms, to ensure your compliance with [...]

May 14th, 2013|Categories: Industry Blog|

Firearms Trafficking

In the first part of this blog, we used a recent Congressional Research Service report as a springboard into the question of how firearms can end up going from the legal stream of commerce into [...]

May 10th, 2013|Categories: Industry Blog|Tags: |

What’s in an ATF, anyway?

When we talk about the Bureau of Alcohol, Tobacco, Firearms, and Explosives (“ATF”), what and who are we really talking about? Fortunately for us, the ATF website includes an organizational structure diagram, reproduced here: Currently, [...]

February 3rd, 2013|Categories: Industry Blog|Tags: |

From China to Poland and Brazil-The Lilly FCPA Enforcement Action- Part II (Repost by tfoxlaw)

Special thanks to Tom Fox of T Fox Law for the reference in his post, below. Clearly, Eli Lilly's FCPA matter is gaining solid attention amongst Compliance and Audit professionals (See below). In Parts II [...]

Eli Lilly’s Remedial Efforts for FCPA Compliance – After the Fact

Yesterday, we covered the news of the $29 million plus settlement entered into by Eli Lilly and Company to stave allegations brought by the Securities and Exchange Commission for violations of the Foreign Corrupt Practices [...]

Eli Lilly and Company Settles Big After a Multi-Year Missed Opportunity for FCPA Compliance

On December 20, 2012, Eli Lilly and Company was charged by the Securities & Exchange Commission with multiple violations of the Foreign Corrupt Practices Act (“FCPA”) for events which occurred over a period of 15 [...]

December 26th, 2012|Categories: Industry Blog|Tags: , , , , , , |

Just What is a “Compliance Program?”

“Compliance program” is an often-used phrase that is easily repeated, even when the speaker has no clear understanding of what is being said. Compliance programs come up in the context of the multiple layers of [...]

Do You Have Your FCPA Game On?

On November 14, 2012, the Department of Justice and the Securities & Exchange Commission issued a joint guidance document on the 1977 Foreign Corrupt Practices Act.  Some 35-years after passage of the FCPA, how can [...]

US Attempts to Clarify [FCPA] Bribery Law

US Attempts to Clarify Bribery LawAs written in the November 15, Wall Street Journal, ".......bits of wisdom were revealed Wednesday in hotly anticipated guidance from the U.S. government about which practices might put corporations in violation [...]