I did not attempt to describe a situation where essentially "anything goes". I attempted to describe a situation in which the citizenry had access to any arms that their government might use against them.
With that said, no, the government has no say in how such armaments are stored/cataloged.
I'm not trying to be a dick but I don't understand the following sentence: And if not to an acceptable degree, prevent firearm businesses from operating until they meet their standards?
If you are asking whether I think the government should have oversight of arms dealers beyond prohibiting them from dealing in prohibited arms (those arms that nobody, neither citizen nor government is allowed to use domestically) my answer is "no".
Yes, that's what I was asking. You're saying that the people should have any armament that the govt has, and could potentially use against them. In that case, there's nothing that not on the table then. Everything is fair game when a govt become tyrannical (see Syria, Iraq). If prior to the development of that tyranny, we were able to have such weapons, I for one would want some sort of oversight. I don't relish the idea of my local dealer with shoddy containment practices, mustard gassing my entire neighborhood.