https://www.youtube.com/embed/OAzjDZCXHzI

and the panic for junk ammo begins
http://www.ar15.com/forums/t_1_5/1718622_IN_STOCK_M855_thread_.html

Hmmm, normally I might call this thing a back door way to restrict rights but technically the way the law is written they are following the law I think.

Do any local gun shops even carry this ammo?

236 members of Congress sent a signed letter to the ATF telling them their interpretation of the ban on armor piercing ammo is "preposterous."

http://www.theblaze.com/stories/2015/03/04/the-one-word-dozens-of-house-members-are-using-to-describe-obamas-proposed-ammo-ban/

I just spent about $4 on postage on mailing letters to Gabbard, Schatz, Hirono and the BATF.  Hopefully the $5 will be worth it.

You can FAX your letter for free here: http://faxzero.com/fax_congress.php

I'm not sure if or how they "weight" emails vs. phone calls vs. FAXes vs. snail mail... but anything at least lets them know someone is watching.

That is the House page, at the very bottom of the page is the highlighted link for the Senate page. My .doc format wouldn't work, so I had to convert them into .pdf format and the site had no problem sending those. Also, all my long distance is included in the monthly cost of my phone service, so calling costs me nothing, except the exasperation of trying to explain to some staff member what I'm talking about as they are often clueless.

On Friday February 13 at 4:00 pm, the Bureau of Alcohol Tobacco and Firearms released a proposal to ban commonly used M855 "green tip" AR-15
ammunition under the guise of law enforcement safety. The same day the proposal was released, on a Friday of a three day holiday weekend, ATF opened up a
shortened 30-day period for the public to submit comments about the new regulation.

But it turns out, ATF has been working on a ban of AR-15 "green-tip" ammunition for quite some time and has already issued the ban in its new, 2014 Regulation
Guide. For reference, ATF Regulation Guides come out approximately every ten years.

When you take a look at the 2005 ATF Regulation Guide, you'll see an exemption for AR-15 "green-tip" ammunition, which means it exempted from the definition
of "armor piercing" and therefore is legal on the federal level.

When you look at the last page of the new, most recent ATF 2014 Regulation Guide, which was published in January,
there is no longer an exemption for AR-15 "green-tip" ammunition.

ATF changed the law unilaterally, didn't tell anyone about it and has now put up a bogus comment period that means nothing. Because of these actions,
ATF and the White House have not only failed to follow the Administrative Procedure Act, but has gone around Congress to violate the Second Amendment rights of Americans.

So, what' next? ATF is going to have to explain why the change was made under the radar and will also have to explain what this means for people in possession
of "green-tip" ammunition after January 2015 when the new ATF Regulation Guide was published with the exemption missing. Is there no grandfathering period
for possession? When will manufactures be forced to stop producing? What does this mean for buyers and sellers? States are also going to have to find a way to
implement these regulations and define compliance under separate state ammunition possession laws.

If it's just the selling being illegal, then would that encompass private sales between individuals after the ban date? I don't see how selling your OWN property could be illegal.