Nothing is on hold at this time. The White House has floated a draft NPRM. It is not the law of the land. ATF wanted to get rid of trust/corp ownership. They said it was because prohibited persons are getting weapons without BG checks. We wanted to have an open exchange regarding what to do about it. The invitation was not accepted. We offered a very narrow definition of what that change would look like via petition. Still no discussion. Last week the administration took our definition and blew it up to cover everyone in their draft NPRM.
We did not ask for what the White House rolled out.
Please reread the post above. No NICS check required for NFA Transfers. That is because it is presumed that a background check is done. And it IS for individuals. Current legislation/regulation requires the background check (not NICS) for individuals. There is no such requirement for trusts/corps. That is the crux of the issue.