Quote from the ATF website on this. brochure linked to on their fb page
"As a general rule, you will need a license if you repetitively buy and sell firearms with the principal motive of making a profit. In contrast, if you only make occasional sales of firearms from your personal collection...
He CANNOT change law with an EO only clarify. Current law exempts private sales specifically. He cannot change that.
21)The term “engaged in the business” means—
...
(C)as applied to a dealer in firearms, as defined in section 921(a)(11)(A), a person who devotes time, attention, and labor to...
Not the way I understand it
Current law states private sales are exempt. He can't change law only more accurately define what the law already says
21)The term “engaged in the business” means—
...
(C)as applied to a dealer in firearms, as defined in section 921(a)(11)(A), a person who...