During an ATF compliance inspection, an IOI discovers that an FFL failed to conduct a NICS background check on a firearm transfer that occurred 14 months ago. What is the most likely regulatory consequence?
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A
Automatic license revocation without hearing
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B
Citation and potential willful violation finding affecting license renewal
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C
Criminal prosecution of the licensee in all cases
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D
No action since the transfer is more than 12 months old