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It seems that after this regulation there should be an opportunity for legal action based on two things. The older legal actions that I have seen were all pre Heller. Also this change in regulations makes CLEO signature mandatory for everyone. How is a complete ban based on the whim of your local LE legal after Heller?
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Even though the Heller case resulted in the 'individual right' determination, the Court did say that 'reasonable restrictions' were not and infringement.
But they failed to define what 'reasonable restrictions' were.
Again, if we go back to the Miller decision, and go with the definitions that they used, any regulation/restriction of MGs, SBRs, SBSs, that have been, are currently, or are used in the future, by the military are clearly exempt from regulation.
So while the Miller decision, which is the basis for what can be regulated and be within the constitutional boundaries set forth, does allow the government to regulate/restrict firearms, it's actually the opposite of what the gun grabbers believe it to be. A rifle chambered in say .300 WSM, under the decision set forth in Miller, can be regulated/restricted because it fails to meet the requirements set forth by the Court in Miller, but an M-16/AR-15 cannot.
But getting any court to actually reinforce that definition through a suit against the gov't will be futile.