http://youtu.be/-PjTuSQNLI4?t=16s
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I don't think they are afraid of answering your question. I believe the FFL retains for 20 years. If they close shop, anything under 20 years goes to ATF. Someone jump in & correct me if I am mistaking. After 20 years the NSA scoops them up. Now, back to your bunker before your location is geolocated.
Don't mean to add to your anxiety, but some Gun Shops retain the information (Model, SN, date of purchase, etc.) on their computers FOREVER. I am not referring to 4473 some have you fill in online. They retain it for their own purposes. One was able to bring up my name & tell me when I bought a particular firearm several years ago.
FFL must retain 4473's for twenty years or life of the business. If the life of the business is less than 20 years upon cessation of business the FFL must remit the 4473's to the BATFE within 30 days.
So, then by doing a backround check there is a record made with serial number, and owner of a lot of previously not papered, privately owned guns, right? This should be of far more concern than some magazine capacity ban, shouldn't it? Why does that label me as some nut, causing the negative comments on this site? Why are there not more gun folks a lot more worried about the BG law? Seems more threatening to gun owners given the current state of things.