The US Department of Justice has finalised a new federal rule banning “bump stocks,” a device used to fire continuous rounds from semi-automatic rifles.
After a review initiated by President Donald Trump, the DoJ determined that bump stocks are illegal machine guns under the National Firearms Act of 1934 and the Gun Control Act of 1968. Current owners of bump stocks will have 90 days from when the new regulation is published in the federal register to turn in or destroy the devices. Publication of the rule is expected to occur on Friday, according to multiple reports.
Bump stocks, which allow users to quickly fire successive rounds with one pull of the trigger, drew national scrutiny following a 2017 shooting in Las Vegas that killed 58 people and wounded hundreds more. Mr Trump had signalled that his administration would seek to ban bump stocks after the Bureau of Alcohol, Tobacco and Firearms and Explosives previously approved their sale in 2010.
Soon after the Las Vegas attack, major US retailers stopped offering bump stocks for sale. In a statement at the time, the National Rifle Association said it “believes that devices designed to allow semi-automatic rifles to function like fully-automatic rifles should be subject to additional regulations.”
Slidefire, the best-known manufacturer of bump stocks, shut down its website and stopped accepting orders in April. Bump stocks typically sold for around $200 to $300.
Shares of gun makers were trading higher Tuesday. American Outdoor Brands, the owner of Smith & Wesson, rose 1.1 per cent. Sturm, Ruger & Co. was up 2 per cent.
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