Good afternoon, everyone, and welcome back to TFB’s Silencer Saturday, brought to you by Yankee Hill Machine, manufacturer of the new Victra 20-gauge shotgun suppressor. The ATF released its long-awaited guidance letter regarding changes to the National Firearms Act today. It is a banger. The long and short of it is that the NFA, as we have all known it, is essentially dead. This is breaking news and I scrapped the initially planned article for today to cover this with some initial reaction and thoughts.