This is exactly why I did my SBR after Obama got reelected. 
ATF will need to grandfather stamps already issued. It will be interesting to see what they do with submitted but not yet approved NFA applications.
I assume public comments don't matter, they have already decided.
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"Detached reflection cannot be demanded in the presence of an uplifted knife." by Justice Oliver Wendell Holmes, Jr. in Brown v. United States, 256 U.S. 335, 343 (16 May 1921).
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