I'm not a lawyer, but...
I don't know what BATFE has decreed. I am sure they haven't limited themselves from regulating it because they want to be nice. They haven't regulated it because the can't stretch the commerce clause to a gun that is never going to be bought, sold, or traded. That is it. They have restricted as far as they think they can without pushing it to where they have to worry about a court case that takes away some of their power.
I am quite sure BATFE doesn't really like NFA trusts either, but in the end they can't do anything about them.
Last edited by johnwilliamson062; April 29, 2013 at 09:18 PM.