Gun dealers face new rules after executive actions - KFBB.com News, Sports and Weather

Gun dealers face new rules after executive actions

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GREAT FALLS -

With the roll out of President Obama's gun violence executive actions... gun dealers should be aware of a few key rules.

Most of what's being implemented is already in place, but the rules appear to bring more clarity and update the out dated ones.

The first rule firearm dealers should be aware is no matter where you conduct your business--whether it be at a store, a gun show, or online---you must be licensed and conduct background checks.

There are criminal penalties if a person willfully engages in the business of dealing firearms without a required license. Upon doing so, they would face up to five years in prison, and fined up to $250,000. Penalties also exist for dealers who don't do background checks before completing a sale.

The second rule to be aware of is “who is responsible for notifying law enforcement when a firearm is lost or stolen?"

Current federal law was unclear about who should report it, but now, it’s up to the licensee shipping the firearm to notify law enforcement.

According to the  executive actions fact sheet from the Office of the Secretary of State---over the last five years, an average of 1,333 guns are recovered in criminal investigations where it was traced back to a licensee that claimed it never received the gun and it wasn't reported either.

You can read more about the executive actions by visiting this website.

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