I can only hope that you didn’t pay any outrageous prices for M855 Ammo, giving into those looking to cash in on the recent news that the ATF would be banning M855 Ammo. After more than 80,000 comments flooded in, the ATF has decided not to proceed with the framework to ban the M855 round for civilian purchase.
Here’s the official message that the ATF Public Affairs Division just posted today:
Thank you for your interest in ATF’s proposed framework for determining whether certain projectiles are “primarily intended for sporting purposes” within the meaning of 18 U.S.C. 921(a)(17)(C). The informal comment period will close on Monday, March 16, 2015. ATF has already received more than 80,000 comments, which will be made publicly available as soon as practicable.
Although ATF endeavored to create a proposal that reflected a good faith interpretation of the law and balanced the interests of law enforcement, industry, and sportsmen, the vast majority of the comments received to date are critical of the framework, and include issues that deserve further study. Accordingly, ATF will not at this time seek to issue a final framework. After the close of the comment period, ATF will process the comments received, further evaluate the issues raised therein, and provide additional open and transparent process (for example, through additional proposals and opportunities for comment) before proceeding with any framework.
We’ll keep you posted on the progress, as the ATF has said that it plans to “further evaluate the issues raised…before proceeding with any framework.” Hopefully things return to normal soon with prices and the dollar a round pricing we’re seeing goes back to the normal 30 to 40 cents. Time will tell though. For a recap of the original details surrounding the ban, click here.
