Provides a guide to Federal firearms regulations. Explains recent changes in Federal firearm laws & their significance. Includes sections on the laws, regulations, rulings, procedures & industry circulars; general information about firearms; & a question & answer section. Complete text of the relevant parts of the Code of Federal Regulations (27 CFR Parts 47, 178, & 179). Complete texts of the following laws: The Gun Control Act, The National Firearms Act, The Arms Export Control Act, & 18 U.S.C. para. 1715 (nonmailable firearms).