FFL Market Report: Bank Access, Licensing Risk, Margins
Bank access and the licensing threshold are the two Q4 costs a dealer cannot control, and the two that decide which shops are still standing to take the transfer.
Posts about "debanking"
Treasury Department Releases Report on Debanking
West Virginia Probe Forces BILL to Reverse Firearm Debanking
An ammunition manufacturer in Kearneysville, West Virginia, is getting its payment processing back after a state investigation, and the reversal follows a pattern the firearm industry has watched play out at company after company, according to the National Shooting Sports Foundation (NSSF). What ...
The Gun Industry Was Debanked Before ‘Debanking’ Became a National Scandal
NSSF: Industry Debanking Continues With Kent Cartridge Company The Latest Victim
NSSF is raising concerns after Kent Cartridge was reportedly denied financial services despite recent federal efforts to end gun industry debanking. The post NSSF: Industry Debanking Continues With Kent Cartridge Company The Latest Victim appeared first on The Truth About Guns.
DOJ Wants Political Debanking Answers
The DOJ has subpoenaed major banks seeking information about alleged debanking practices affecting firearms businesses and other customers targeted for political reasons. The post DOJ Wants Political Debanking Answers appeared first on The Truth About Guns.
JPMorgan Chase Shifts Policy to Include Firearm Industry Companies
JPMorgan Chase recently announced the banking giant’s policy of denying services to manufacturers of Modern Sporting Rifles (MSRs) is over.