For the most part, complete bullshit to placate useful idiots. The two items that are actually note worthy are as follows:
Clarify that it doesn’t matter where you conduct your business—from a store, at gun shows, or over the Internet: If you’re in the business of selling firearms, you must get a license and conduct background checks.
They couldn’t figure out how to outlaw private sales. So instead they’ve decided to arbitrarily define whether or not you are “in the business of selling firearms” on a case by case basis using “other factors.” There is no specific minimum number of firearms one must sell to be considered a dealer who must be licensed. Rules of the day shall apply hence forth.
Require background checks for people trying to buy some of the most dangerous weapons and other items through a trust or corporation…
According to the ATF’s final ruling, “responsible persons” on a trust must submit fingerprints and photos in addition to passing NICS. But, the CLEO signature is eliminated. One might argue this actually streamlines the process of purchasing an NFA item as the CLEO signature has been the primary reason so many people chose to create trusts into which these items were transferred. No longer are you held hostage by a local Democrat or RINO sheriff, judge, or police chief who refuses to sign your Form 1 or Form 4. The rule goes into effect 180-days from January 4.
You can read the rest at: FACT SHEET: New Executive Actions to Reduce Gun Violence and Make Our Communities | whitehouse.gov