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Bump stock ban set to go into effect, CNBC reports.

A national ban on bump stocks is set to go into effect on Tuesday, even as a gun-rights group moved Monday to appeal the regulation to the Supreme Court, CNBC's Jeff Daniels reports. Those in possession of bump stocks have the option to destroy the devices or turn them in. In December, the Department of Justice announced it would ban the devices used to make semi-automatic rifles fire continuously like machine guns. Publicly traded companies in the gun space include American Outdoor Brands (AOBC), Sturm, Ruger (RGR), and Vista Outdoor (VSTO). [Reference Link]:[https://www.cnbc.com/2019/03/25/trump-administrations-bump-stock-ban-set-to-go-into-effect-tuesday.html?__source=newsletter%7Cmorningsquawk]

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Publication:The Fly
Date:Mar 26, 2019
Words:105
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