October 10, 2011

Vol. 12 No. 41

This Week:

Industry News

Government Relations

News of Note

Jobs

Several Gun-Control Measures
Signed Into Law in California

EROSION OF SECOND AMENDMENT CONTINUES . . . California Gov. Jerry Brown waited until literally the last hour on Sunday to act on firearms-related legislation sent to his desk this session. Several anti-gun and anti-industry bills were signed into law, including long-gun registration. "Sadly, the steady erosion of the Second Amendment in California continues," said Lawrence G. Keane, NSSF senior vice president and general counsel. "Gov. Brown has now proven that he no more respects freedom and the individual right protected by the Second Amendment than his predecessor. These bills will increase costs for the taxpayer and the state's retailers, most of whom are small mom-and-pop businesses. It will cost the state jobs and tax revenue, all the while doing absolutely nothing to reduce crime." View a wrap-up of the bills that the governor signed and vetoed.

Industry News

  • SMITH & WESSON PLANS TO SELL ITS PERIMETER SECURITY BUSINESS . . . Smith & Wesson Holding Corp. (NASDAQ:SWHC) plans to sell off its perimeter security business in order to focus on its core firearm business. "The decision to divest the security solutions division and focus our financial, managerial and operational resources toward expanding our presence across our firearm market channels is intended to support our long-term growth opportunities and enhance stockholder value," said President and CEO James Debney.

  • WHAT'S SELLING WHERE? . . . SHOT Business magazine regularly interviews store owners and managers across the country to find out what products are selling. Stores in four regions provide insight on current trends they're seeing. Take a look at what's been selling recently.

  • SPORTING GOODS COMPANIES UP ON LONG-TERM PROSPECTS . . . Sporting goods companies are facing challenges as consumers clamp down on discretionary spending, but an analyst said today that the long-term prospects for the sector are good thanks in part to solid product demand and improving inventory management, the Associated Press reports.

  • SHOT SHOW GROUP LAUNCHED ON LINKEDIN . . . SHOT Show attendees and exhibitors can now network and take part in discussions about the show on LinkedIn. NSSF has launched the official SHOT Show group on the popular professional social network. The group is restricted to firearms industry professionals. Request to join the group today. Also, if you are planning to attend the show, let your LinkedIn contacts know by clicking on "Attending" on the SHOT Show LinkedIn event page.

  • RETAILERS: JOIN NSSF TODAY FOR ONLY $50 . . . For a limited time, NSSF is offering firearms retailers the opportunity to become an NSSF member now through all of 2012 for just $50. Joining NSSF -- the shooting, hunting and firearms industry's trade association -- is not only an investment in the future of hunting and shooting in America, but it also means having access to unmatched benefits, research, assistance and protection for all firearms retailers. Learn more and become a member today.

Government Relations

  • FEDERAL PANEL RULES IN FAVOR OF D.C. GUN BAN . . . A federal appeals court last week ruled that the District of Columbia is allowed to ban the possession of certain semi-automatic rifles as well as magazines holding more than 10 rounds. Read more about the ruling.

  • NSSF RESPONDS TO N.Y. TIMES EDITORIAL . . . In an editorial response to last week's D.C. court ruling, The New York Times misstated some important facts. NSSF responded with this letter to the editor.

  • ATF ACTING DIRECTOR ANNOUNCES NEW STAFF ASSIGNMENTS . . . The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) Acting Director B. Todd Jones has announced key staff changes aimed at refocusing the bureau's direction on its core mission. "How and whether these new assignments will impact the day-to-day business of companies in our industry remains to be seen. We will continue to strive to work cooperatively with ATF as we always have," said Lawrence G. Keane, NSSF senior vice president and general counsel. Read ATF's news release.

  • ONLINE FCPA COMPLIANCE TRAINING FOR NSSF MEMBERS . . . C-Suite and other senior company officials are the most likely targets of government enforcement actions involving violations of the Foreign Corrupt Practices Act (FCPA), according to a recent report posted online by the Wall Street Journal. NSSF's recommendation to its member companies wherever they do business: attend NSSF's free, interactive Global Anti-Corruption online training today to learn what business practices are and are not permissible and how to steer clear of violating anti-bribery and anti-corruption laws. The price of not having anti-bribery and anti-corruption controls and not training and retraining your company employees on compliance are too great. Click here to take the online training. You'll need your member ID and password, so if you've forgotten both or either, email Samantha Hughes, NSSF member services coordinator, at shughes@nssf.org.

News of Note

  • FACEBOOK PHOTO CONTEST: 'HUNTER ORANGE' . . . October's theme in NSSF's Facebook Photo Contest is "Post your favorite photo with at least one individual wearing hunter-orange clothing." To post a photo, look for the Contests tab on NSSF's Facebook page at facebook.com/NSSFcomm. NSSF launched the contest in celebration of its 50th Anniversary this year. The hunter-orange theme was selected to pay tribute to one of NSSF's early nationwide education efforts: to promote the use of hunter-orange clothing for certain types of hunting.

  • SCTP ALUM DOMINATE EARLY OLYMPIC TRIALS . . . Of the top three spots in each of four divisions at the U.S. Olympic Trials for Shotgun at the Hill Country Shooting Sports Complex in Kerrville, Texas, 10 were claimed by eight young shooters who gained early competitive experience in the Scholastic Clay Target Program (SCTP). Men's Skeet, Junior Men's Skeet, Women's Skeet and Junior Women's Skeet were dominated by these athletes in the first found of the trials. SCTP was founded by NSSF and is currently administered by the Scholastic Shooting Sports Foundation.

NSSF History Snapshot

Throughout its 50th anniversary year, NSSF each week will be spotlighting various moments from the Foundation's history.

  • CHILD SAFETY LOCKS . . . Perhaps NSSF's most high-profile program, Project ChildSafe was started in 1999 in five cities as Project HomeSafe, was renamed Project ChildSafe by President George W. Bush in 2001 and has distributed more than 35 million firearm safety kits in all 50 states and the U.S. Territories. The program has been supported by millions in federal funding and by the firearms industry. Learn more at nssf.org/50.

Jobs


NSSF's Mission

"To promote, protect and preserve hunting and the shooting sports."

Click here to visit the NSSF Web site and see how we accomplish this mission.


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COPYRIGHT © 2011 by National Shooting Sports Foundation, Inc. Permission is granted for broadcast, publication, retransmission to e-mail lists, Web sites or any other copying or storage, in any medium, online or not, if 1) the text is forwarded in its entirety, including this paragraph, and 2) no fee is charged. "Bullet Points®," "National Shooting Sports Foundation®," "NSSF®," and all other trade names, trademarks, service marks, logos and images of the National Shooting Sports Foundation appearing in this publication are the sole property of the Foundation and may not be used without the Foundation's prior express written permission. All other trade names, trademarks, service marks, logos and images appearing in this publication are trademarks or registered trademarks of their respective owners.

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