*UPDATE*
Per phone a few minutes ago with the NRA-ILA this will be Executive Order designed to bypass Congress. It is of utmost importance that you spread the word to any second amendment supporters or any Constitutional Citizens to call your/their legislators. Getting a foot hold now is important since the President and his new Republican green flagged attorney General are choosing dictatorial approaches in lieu of a marginally pro gun congress and senate. You can also bank on regulations regarding ammunition and certain firearms(high powered hand guns?) which could be anything.
Again this is going to be bad so get active now!
Does anyone have a link to an article with some real info, or any idea on what exactly is being proposed?
The rule above really doesn't seem like it would have any effect on anything, but I'm not a highly trained bureaucrat who could spot the loophole in that kind of gobbledygook.