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The firearm dealer is required to record some information from the Form 4473 into a "bound-book", called an "Acquisition and Disposition Log". [7] The dealer must keep the Form 4473 on file for the lifetime of the FFL, and is required to surrender the log book to the ATF upon retirement from the firearms business.
FFL was founded in 1997 by Tully Friedman, together with Spencer Fleischer, David Lowe, and Christopher Masto. Prior to founding FFL, in 1984, Tully Friedman had co-founded Hellman & Friedman, one of the largest private equity firms globally, with Warren Hellman. In contrast to Hellman & Friedman, FFL focuses on smaller, middle market deals.
eTrace is an Internet-based firearm trace request submission system, developed by the United States' federal government, Bureau of Alcohol, Tobacco, Firearms and Explosives, that provides for the electronic exchange of traced firearm data in a secure internet-based environment.
The federal firearms license was established to and implement the Gun Control Act of 1968.The 1968 act was an update or revision of the Federal Firearms Act of 1938 (FFA), which required all manufacturers and dealers of firearms who ship or receive firearms or ammunition in interstate or foreign commerce to have a license, and forbade them from transferring any firearm or most ammunition to ...
Generally, FFLs in all states must request a background check through the NICS before selling a firearm; however in some states non-FFL purchasers who possess certain state-issued firearms permits, e.g., a permit to carry a concealed handgun, may purchase firearms from FFLs without undergoing a point-of-sale NICS check.) [12] [13] For private ...
Print/export Download as PDF; ... FFL ForeFlight: FOREFLIGHT ... Airline Designator / Code Database Search Archived 2005-10-01 at the Wayback Machine ...
The Federal Firearms Act of 1938 (FFA) imposed a federal license requirement on gun manufacturers, importers, and persons in the business of selling firearms. The term federal firearms licensee (FFL) is used to refer to those on whom the license requirement is imposed. [1] The "FFL" abbreviation is also used to refer to the license itself. [2]
At this time, the name of the ATU was changed to the Alcohol and Tobacco Tax Division (ATTD). In 1968, with the passage of the Gun Control Act, the agency changed its name again, this time to the Alcohol, Tobacco, and Firearms Division of the IRS and first began to be referred to by the initials "ATF". In Title XI of the Organized Crime Control ...