Mike Levin: “for the first time in the United States, a gun manufacturer has agreed to make major changes to the design, distribution…”

“for the first time in the United States, a gun manufacturer has agreed to make major changes to the design, distribution and marketing of its products. In a historic settlement reached by Smith & Wesson, the Administration, and cities and states around the country, Smith & Wesson will make sweeping changes to its business practices. Under the terms of the agreement, several cities and counties will drop lawsuits filed against Smith & Wesson in exchange for reforms designed to make guns safer and limit access to them by unauthorized users. Specifically, Smith & Wesson agreed to increased safety standards, such as the inclusion of external locking devices on all of its guns immediately, and internal safety locks on its pistols within two years; more stringent performance standards for its handguns, including rigorous drop tests; and a commitment to include 'smart gun' technology in its newly designed handguns within three years. In addition, Smith & Wesson agreed to revamp the way it distributes and sells firearms. Smith & Wesson will conduct business transactions only with authorized distributors and dealers who abide by a code of conduct.”