Elite Traders Group Releases Expectations of Obama's Executive Actions and Legislative Proposals
http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=976271&ProfileId=051205&sourceType=1NEW YORK, NY -- (Marketwire) -- 01/19/13 -- Elite Traders Group Issues Report on: Sturm, Ruger & Company, Inc., Smith & Wesson Holding Corporation, Implant Sciences Corporation, ADT Corporation.
Let's begin with the legislative actions. These have to be approved by Congress.
First on the agenda would require that all gun sales have a background check of the buyer. This includes all private sellers that are currently exempt to this.
Reinstating of a ban on assault weapons, that was in effect from 1994-2004. Plans to toughen this ban are also in place.
Decreasing maximum rounds in a magazine to 10.
Prohibiting the use armor piercing rounds, except by law enforcement and military.
Penalties to increase for a buyer who buys for another person who does not pass background check.
Move to act on a $4 Billion proposal to help keep 15,000 police officers on the street.
Removing a restriction that allows the importation of weapons over 50 years old by the A.T.F.
Putting in place and financing programs to help train police officers, first responders, and school officials in the event of an armed attack.
Provide $20 Million in additional funds to expand the system that tracks violent crimes. Expansion would include increasing the number of active states from 18-50.
Make available $30 Million in grants to schools for the development of emergency response plans.
Placing additional funds in programs to help young people with mental health issues.
Executive actions. These do not require Congress approval. He can act on his own.
Federal agencies will be required to make relevant data available for the federal background check system.
Removing legal barriers that may prevent states from providing information to the background check system.
Giving more incentives for states to share information.
Having the attorney general reevaluate the criteria of individuals prohibited to ensure that dangerous people are not sliding through the system.
Giving the ability to law enforcement to run a full background check on a person before returning a seized gun.
Issuing a letter from the A.T.F. with instruction on how to run background checks for private sellers.
Starting a national safe and responsible gun ownership campaign.
Evaluating safety standards for gun locks and gun safes.
Issuing a presidential memorandum to require federal law enforcement to trace guns recovered in criminal investigations.
Releasing a report analyzing information on lost and stolen guns and making it widely available to law enforcement authorities.
Nominating an A.T.F. director.
Providing law enforcement authorities, first responders and school officials with proper training for armed attacks situations.
Maximizing enforcement efforts to prevent gun violence and prosecute gun crime.
Issuing a presidential memorandum directing the Centers for Disease Control and Prevention to research gun violence.
Directing the attorney general to issue a report on the availability and most effective use of new gun safety technologies and challenging the private sector to develop innovative technologies.
Clarify that the Affordable Care Act does not prohibit doctors asking their patients about guns in their homes.
Releasing a letter to health care providers clarifying that no federal law prohibits them from reporting threats of violence to law enforcement authorities.
Providing incentives for schools to hire school resource officers.
Developing model emergency response plans for schools, houses of worship and institutions of higher education.
Releasing a letter to state health officials clarifying the scope of mental health services that Medicaid plans must cover.
Finalizing regulations clarifying essential health benefits and parity requirements within insurance exchanges.
Pledging to confirming mental health parity regulations.
Beginning a nationwide discussion on mental health led by Kathleen Sebelius, the Secretary of Health and Human Services, and Arne Duncan, the Secretary of Education.
If these goals are met it could be a major boost for both the gun and security sectors. The majority of the proposals would increase the sale of guns, security systems and the sharing among local, state and federal agencies nationwide. Listed below are four companies that could show long term benefits to these proposals.
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Sturm, Ruger & Company, Inc., (NYSE: RGR) incorporated in 1969, is engaged in the design, manufacture, and sale of firearms to domestic customers. The Company operates in two segments: firearms and investment castings. The firearms segment manufactures and sells rifles, pistols, revolvers, and shotguns principally to a select number of licensed independent wholesale distributors primarily located... (Get Free Trend Analysis) http://www.firstpennypicks.com/get-your-free-research-report/
Smith & Wesson Holding Corporation (NASDAQ: SWHC) is a manufacturer of firearms. The Company manufactures a range of handguns, modern sporting rifles, hunting rifles, black powder firearms, handcuffs, and firearm-related products and accessories for sale to a range of customers, including gun enthusiasts, collectors, hunters... (Get Free Trend Analysis) http://www.firstpennypicks.com/get-your-free-research-report/
Implant Sciences Corporation (OTCQB: IMSC) develops, manufactures and sells sensors and systems for the security, safety and defense (SS&D) industries. Its technologies are used worldwide in security and inspection applications. Implant Sciences has developed technologies used in explosives trace detection (ETD)... (Get Free Trend Analysis) http://www.firstpennypicks.com/get-your-free-research-report/
ADT Corporation (NYSE: ADT) is a provider of electronic security, interactive home and business automation and related monitoring services. The Company's products and services include its ADT Pulse interactive home and business solutions, and home health services. (Get Free Trend Analysis) http://www.firstpennypicks.com/get-your-free-research-report/
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