CEO Mike Corbat Citbank Memo Outlines the New Commercial Firearms Policy

Citigroup CEO Mike Corbat, a self-described “avid outdoorsman and gun owner” penned an internal memo outlining the forthcoming U.S. Commercial Firearms Policy and its required “best practices.” They include restrictions on selling firearms to someone who hasn’t passed a background check, selling firearms to anyone under 21 years of age, and selling bump stocks or “high-capacity” magazines.

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