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Biden administration finalizes rule to close ‘gun show loophole’ in effort to combat gun violence [Video]

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Home Based Business

WASHINGTON — The Biden administration on Thursday moved one step closer to enacting a rule requiring people who sell firearms online and at gun shows to conduct background checks on their potential customers.

The finalized rule aims to close what gun control advocates call the “gun show loophole” by increasing the requirements to obtain a federal firearms license, or FFL, by more specifically defining what it means to be “engaged in the business” of selling firearms. By making the term more definitive, the Justice Department has said it aims to better regulate the market and encourage higher compliance with the federal background check requirement.

“Under this regulation, it will not matter if guns are sold on the internet, at a gun show, or at a brick-and-mortar store: if you sell guns predominantly to earn a profit, you must be licensed, and you must conduct background checks,” Attorney General Merrick Garland said in …

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