Saturday, September 10, 2022

NYC PUBLIC ADVOCATE RESPONDS TO THE INTERNATIONAL STANDARDS ORGANIZATION APPROVING A MERCHANT CATEGORY CODE FOR GUNS AND AMMUNITION STORES

 

"I want to thank the International Standards Organization for answering our call and newly approving a merchant category code for guns and ammunition sales, and thank Amalgamated Bank, Comptroller Brad Lander, and everyone who was instrumental in pushing for its creation. Every illegal gun was legal at some point, and the usage of these codes can be extremely important in monitoring and tracking those gun sales as well as future gun trafficking. This simple step can help detect suspicious activity and prevent violence." 


"Now that the standard has been approved, the three major credit card companies – in which New Yorkers' pensions are invested – must adopt this code, just as they have for retailers from utilities to transportation to clothing. As an elected leader and a trustee of the New York City Employees' Retirement System, there is a fiscal and moral responsibility to protect New Yorkers' safety and finances by urging these companies to exercise that same responsibility and utilize this code. There's no good reason for them not to adopt this common sense standard to strengthen accountability and save lives."


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