determines arbitrarily decides Akins Accelerator is a machine gun
Should have bought one then.
ATF DECIDES THE AKINS ACCELERATOR™ TO BE A MACHINEGUN
Akins Group Inc. regrets to announce that the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) has reversed its position and has decided the Akins Accelerator™ to be a machinegun conversion kit, thereby subjecting it to strict regulation under the Gun Control Act (GCA) and National Firearms Act (NFA).
ATF rescinded its previous determination that the Akins Accelerator™ was not subject to the GCA or NFA (see http://www.firefaster.com/documentation.html). Attorneys for the Akins Group Inc. are seeking reconsideration by ATF of its new position. In the interim, any sale, transfer, or return of the Akins Accelerator™ must be suspended. Akins Group Inc. will advise further after meeting with ATF.
Akins Group Inc. has received no instruction as to the disposition of units in customer hands. Please refrain from public speculation and emotional responses and allow our Attorneys to advocate for everyone’s best interests.
Let the lawsuits begin.
Update: More here.
Update 2: The ATF approved the device a bit back and has now changed it’s mind (assuming it has one). Also, there is speculation that the new 10 round Saiga-12 mags are next. The ATF has a history of arbitrarily changing the rules. Some speculation that the NFA community was behind it as the Akins Device resulted in a drop in Pre-86 prices.
Update 3: Oops, guess you can’t remember everything I write. The Akins Accelerator:
It is a stock/spring system for a Ruger 10/22 that offers a rate of fire of 650 RPM. It’s completely legal (except in Cali and Minnesota) as it is not a machine gun. Video here. A bit pricey at about $1,000 but much cheaper than than a pre-86 registered Ruger 10/22 that comes in at about $10K.