On January 5th, 2016, President Obama announced executive actions take that will limit the buying and selling of guns for most Americans who actually don’t like to take losses on investments.

The action takes aim at the so-called “gun show loophole” but in reality it targets individuals who are looking to sell used firearms.

Currently, only ten states require individuals to conduct background checks on buyers for any purchase and another six require background checks specifically on handgun (not rifle) sales.

For everyone else, they’ll need to take action to protect their investments: