{"id":190577,"date":"2023-05-03T19:48:15","date_gmt":"2023-05-03T23:48:15","guid":{"rendered":"https:\/\/www.gunsamerica.com\/digest\/?p=179162"},"modified":"2023-05-03T19:48:15","modified_gmt":"2023-10-06T17:29:31","slug":"exclusive-of-the-40-million-pistol-braces-in-circulation-heres-how-many-have-been-registered-under-bidens-new-rule","status":"publish","type":"post","link":"https:\/\/gunsamerica.com\/digest\/exclusive-of-the-40-million-pistol-braces-in-circulation-heres-how-many-have-been-registered-under-bidens-new-rule\/","title":{"rendered":"EXCLUSIVE: Of the 40 Million Pistol Braces In Circulation, Here’s How Many Have Been Registered Under Biden’s New Rule"},"content":{"rendered":"\n
\"Pistol<\/a>
The SIG MPX PSB is a pistol variant of the MPX series and features a “wrist brace” attachment. Read Clay’s full review<\/a>!<\/figcaption><\/figure>\n\n\n\n

Only 125,000 ATF Form 1’s Have Been Submitted!<\/h2>\n\n\n\n

At the Orchid Industry Firearm\u2019s Conference <\/a>held this month in Atlanta, Georgia, Marvin Richardson, the Deputy Director of the Bureau of Alcohol, Tobacco, Firearms and Explosives<\/a> (BATFE<\/a>), provided critical updates on the upcoming deadline for pistol brace ruling compliance. <\/p>\n\n\n\n

Attendees were informed that as of the end of April, only 125,000 ATF Form 1’s have been submitted, with the deadline set for May 31, 2023, to receive a free tax stamp and comply with the ruling.<\/p>\n\n\n\n

Remember, ATF estimates that there are 3-7 million braces in circulation<\/a>! At the low end (3 million braces), that means only 4% of pistol brace owners have complied with the new rule thus far. <\/p>\n\n\n\n

But also remember that many believe the ATF estimate is conservative — including the Congressional Research Service (CRS). See, the CRS’s “unofficial” guess puts the range between 10 to 40 million pistol braces<\/a> in civilian hands! <\/p>\n\n\n\n

Again, take the low end (10 million braces), that would mean only about 1 percent of pistol brace owners have submitted the required paperwork to be in good legal standing. Unless things radically change in the ensuing days, millions of Americans could become felons literally overnight for simply owning an innocuous piece of plastic. <\/p>\n\n\n\n

Richardson, who is second-in-command at ATF, revealed that the current average processing time for Form 1’s is 48 days. That’s pretty impressive, considering it’s a government bureaucracy. <\/p>\n\n\n\n

However, it makes one wonder if the agency could handle 2.9 million submissions by that May 31st deadline. <\/p>\n\n\n\n

Yet again, @ATFHQ<\/a> Director Dettelbach proves he is NOT an expert, he is NOT qualified for this position, and he has NO understanding of the real-life consequences of the ATF Pistol Brace Rule.

He is a Biden Administration pawn and today's hearing proved that. https:\/\/t.co\/SmMkhIraVL<\/a><\/p>— Gun Owners of America (@GunOwners) April 26, 2023<\/a><\/blockquote>