Under this new policy, we will require new retail sector clients or partners to adhere to these best practices: (1) they don’t sell firearms to someone who hasn’t passed a background check, (2) they restrict the sale of firearms for individuals under 21 years of age, and (3) they don’t sell bump stocks or high-capacity magazines. So our new policy centers around current firearms sales best practices that will guide those we do business with as a firm. There are millions of Americans who use firearms for recreational and other legitimate purposes, and we respect their Constitutional right to do so.īut we want to do our part as a company to prevent firearms from getting into the wrong hands. It is not centered on an ideological mission to rid the world of firearms. Today, our CEO announced Citi is instituting a new U.S. And as a company, we feel we must do our part. That action has sadly never come and as the weeks pass after the most recent mass shooting, it appears we are stuck in the same cycle of tragedy and inaction.Īs a society, we all know that something needs to change.
Over the same amount of time, we have waited for our grief to turn into action and see our nation adopt common-sense measures that would help prevent firearms from getting into the wrong hands. We are all too familiar with them and there is no need to recount them here.
Commercial Firearms Policyīy Ed Skyler, Executive Vice President, Global Public Affairs, Citi Ma11:30 AMįor too many years, in too many places, our country has seen acts of gun violence that have resulted in heartbreaking losses.
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