I think you can retain rights for felonies if they are certain white collar, financial crimes.
That depends on the state. Blue states, especially those with more oppressive gun control laws, tend to have a longer list of convictions which will preclude you from firearm possession.
While yes, but many blue states also have enacted laws that reduce felony convictions to misdemeanors after a sentence is completed. The reasoning is that some believe a felony conviction will prevent the individual from getting a job, etc. You don't see this in red states.
As an example, in California almost all felony convictions (except the most haneous) can be reduced to a misdemeanor after the individual completes all jail/prison time, probation, fines, etc. Once this conversion occurs the individual is no longer a convicted felon and can possess firearms.
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