(CNN) – A federal judge ruled Monday that Chicago’s ban on virtually all sales and transfers of firearms is unconstitutional.

The Judge ruled that Chicago’s ordinance goes too far in outright banning legal buyers and legal dealers from engaging in lawful acquisitions and lawful sales of firearms.

The FBI’s latest annual crime report showed Chicago had 500 homicides in 2012, up from 431 in 2011 and more than any other American city.

Still, Chicago does not have the highest homicide rate in the United States.

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