Several years after major bankers put onerous restrictions on firearms sellers, essentially cutting many off from financial services, Citigroup reversed course this week, claiming most in the gun industry are playing by its rules.

In a statement, Citigroup spokesman Edward Skyler said, “The policy was intended to promote the adoption of best sales practices as prudent risk management and didn’t address the manufacturing of firearms. Many retailers have been following these best practices, and we hope communities and lawmakers will continue to seek out ways to prevent the tragic consequences of gun violence.”