What is the potential penalty..........

It's one of the only crimes in Massachusetts which carries the death penalty.

[SARCASM] (I think.)
 
A minimum of 3 years incarceration and a $50,000 fine (MGL 269-10E).
 
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A minimum of 3 years incarceration and a $50,000 fine (MGL 269-10E).

Section 10E. Whoever, except as provided by law, in a single transaction or occurrence or in a series of transactions within a twelve month period, knowingly or intentionally distributes, sells, or transfers possession of a quantity of firearms, rifles, shotguns, machine guns, or any combination thereof, shall, if the quantity of firearms, rifles, shotguns, machine guns, or any combination thereof is:

(1) Three or more, but less than ten
????

http://www.malegislature.gov/Laws/GeneralLaws/PartIV/TitleI/Chapter269/Section10E
 
Section 10E. Whoever, except as provided by law, in a single transaction or occurrence or in a series of transactions within a twelve month period, knowingly or intentionally distributes, sells, or transfers possession of a quantity of firearms, rifles, shotguns, machine guns, or any combination thereof, shall, if the quantity of firearms, rifles, shotguns, machine guns, or any combination thereof is:

(1) Three or more, but less than ten
????

http://www.malegislature.gov/Laws/GeneralLaws/PartIV/TitleI/Chapter269/Section10E

The four per year exception is provided in MGL 140-128A.
 
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