I am almost positive they are required to hold on to them in perpetuity and if the store closes, they have to forward them to the ATF, at least that is what an acquaintance of mine that is an FFL and owns a store told me. But he gets flooded every few years where he stores his records and invariably loses all of them.
Exciting week for the Biden Administration! The Supreme Court has lifted a stay against federal rules on ghost guns and for California, the Court of Appeals has upheld California laws on high capacity magazines.
Yay for tyranny!
I’d expect nothing less from the 9th Circus…I mean Circuit. SCOTUS lifting the stay on so called ghost guns was a little surprising, but they do tend to side with government on stays until a final decision is reached. It will take years to resolve both, but I have an inclination that SCOTUS will take on the magazine case after 9th Circuit finds some way to ignore Bruen.
“During my twelve-and-a-half years as a member of this body, I have never believed that additional gun control or federal registration of guns would reduce crime.” -Joe Biden 1985 on Senate floor
Hopefully he'll be held accountable for his reversal on positions. Sure the quote is approaching forty years old and things have changed, but to be on the record saying you didn't think gun control legislations was needed and that regulations would have no meaningful impact on crime since criminals will always be able to get guns is in direct conflict with his current position.