They sure aren't tracking the stuff I sell in any type of "real time". Probably 1/3 of my transfers are to NICS exempt purchasers. That 4473 goes in a box in one of my safes. Until the ATF comes looking for it (which has never happened) nobody even knows where that firearm went but me and the person who purchased it. As noted earlier, a NICS check doesn't transfer any real data other than the fact someone asked for a background for a potential purchase or pawn of a firearm.
Hell, manufacturers are not even required to submit serial numbers of firearms they sell to the ATF. They are required to log them and keep track, but that info isn't shared with the ATF unless they come looking for it. All they have to do is fill out this very simple form https://www.atf.gov/firearms/docs/fo...30011/download annually.
As for ammo, it is shipped to my distribution warehouse by the pallet, broken down into individual retail packages and then sent to me. My warehouse doesn't track any sort of identifying numbers on those individual packages (I asked a long time ago), the only thing they know is they sent me X amount of X type ammo. That invoice is buried in their system until some alphabet agency comes looking. Since this warehouse also is one of my prime vendors of other stuff, I regularly socialize with their management. Many are gun guys and we've had multiple discussions about these types of subjects. They have never had a visit from anyone from the ATF because they don't sell firearms. Ammo is pretty much unregulated. They fill out ZERO paperwork with the ATF for ammo. There are invoices from the manufacturer, but that's it.
Magazines are the same way. There is no reporting required by the ATF or any other gov't agency as to their production and distribution. Unless a manufacturer is secretly funneling its sales data to the ATF.. tracking isn't happening.
Armor.. I have no clue. Never bought any, never have dealt in any.
While I have no love for any type of firearms regulations and hate the paperwork I have to deal with as an FFL, I feel that the ATF is an inefficient shit show. With just over 3000 agents tasked with more than firearms, they aren't the boogeyman we want them to be. The real danger comes on a local scale ie: California.
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