by Orchid | Mar 7, 2024 | Blog
A provision of the Gun Control Act (GCA), all federally licensed firearm and destructive device manufacturers (Type 07 and 10 FFLs) are to submit an annual production report of manufacturing and export activity to ATF. Completed using ATF Form 5300.11, industry data...
by Orchid | Jul 31, 2023 | Blog
As a Federal Firearms License (FFL) holder, it is essential to understand the role and responsibilities of a “Responsible Person” (RP). The ATF requires every FFL to have at least one designated RP, and this individual plays a crucial role in ensuring...
by Orchid | Jun 27, 2023 | Blog
In today’s digital age selling firearms online has become a common practice for businesses. However, with this convenience comes the risk of facing legal issues and potential lawsuits. Let’s explore the regulatory risk factors surrounding online sales of...
by Orchid | Mar 30, 2023 | News
On Saturday, April 1, 2023, all licensed firearm retailers and pawnbrokers will be required to use the revised ATF Form 4473 to complete firearm transactions. Announced in December 2022, the new ‘Firearms Transaction Record’ form was updated to reflect statutory...
by Orchid | Mar 30, 2023 | Blog
In 2022, ATF conducted over 7,500 compliance inspections of FFLs and revoked more than 100 licenses. Facing increased scrutiny by the Biden Administration and stricter corrective action from IOIs, staying compliant has never been more important for traditional and...
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