Ed schultz signed a contract with HUD
notice how it mentions :
Oversight Commission will be established and empowered to oversee implementation of the Agreement. The Commission will
have five members selected as follows: one by manufacturers; two by city and county parties; one by state parties; one by ATF.
The Commission’s powers will include the authority to review compliance with the design and safety requirements, review the
safety and training program for dealer and distributor employees, review manufacturer actions against dealers or distributors that
violate the Agreement or have a disproportionate number of crime gun traces, and require suspension or termination if warranted.
Role of ATF. To the extent consistent with law, ATF will work with manufacturers and the Oversight Commission to assist them in
meeting obligations under the Agreement. ATF will notify the Oversight Commission of certain violations of the Agreement by
distributors and dealers if it uncovers such violations.
Most favored entity. If other manufacturers enter agreements with more expansive design and distribution reforms, and those
manufacturers, along with the manufacturer parties to this Agreement, account for fifty percent or more of United States handgun
sales, the manufacturer parties to this Agreement will agree to abide by the same reforms.
http://www.hud.gov/pressrel/gunagree.html