BS. First, the President does not have the ability to make law, or to amend existing law. In this case, the 1934 National Firearms Act. Secondly, what exactly is a "Class 2" or "Class II" firearm? A class II SOT is the license for someone that is a manufacturer of NFA firearms.
Would BHO like to see a renewal of the Assault Weapons Ban? Damn skippy he would. But the Prez does not INITIATE legislation. That belongs to Congress.
What we have here is... failure- to communicate.