The Biden administration has announced the closure of the notorious "gun show loophole." Under the new regulation, the definition of "engaged in the business" of selling firearms will be significantly tightened, leaving no room for ambiguity.
This crucial step, initiated by the Bureau of Alcohol, Tobacco and Firearms (ATF), aligns with the Bipartisan Safer Communities Act passed in 2022. According to ABC News, the rule, which received over 300,000 public comments after being proposed in September 2023, marks a pivotal moment in firearm regulation in the U.S.
