Mike Tryon’s Cash-for-Gold Store Regulation Study Task Force Proposal Makes Sun-Times

A McHenry County state representative made Chicago news today and it wasn’t the usual suspect.

In the Chicago Sun-Times.

The Chicago Sun-Times headlined its story, "Cash-for-gold shops under microscope."

The Chicago Sun-Times headlined its story, “Cash-for-gold shops under microscope.”

It was State Rep. Mike Tryon.

One of his newly-acquired Elgin constituents complained about the way cash-for-gold stores operate.

There is no where near as much regulation as there is for pawn shops.

Yet, there are enough similarities that Tryon bought into the idea from Anna Moeller of sponsoring a bill to authorize a quick study of whether and/or how they should be regulated.

Home Rule city Elgin requires records to be kept of anything with a serial number and registering them on a web site called Leasonline.com. There are other requirements that might help in the discovery of stolen goods.


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