Just because you're LE on the job, you're *more or less* a civilian off the job... my guess is that then most rules and laws apply to you when you're not doing your job. Therefore, you'd have to follow the same laws the reset of us do, including the prohibition from possessing a post-ban AR configured as a semi-automatic assault weapon. The lawful transfer of a LEO rifle must be done via dept. approval, with the letterhead certifying your professional use. It's not a free post-ban SAW card, IIRC.
Just because some FFL is willing to do the transfer doesn't mean it'd be legal. BTW, the FFL who transfers the rifle to you would be the equivalent of the seller, since he'd be the last legal owner on the books before it came to you.
So my considered opinion is, "no" you aren't exempt from the law just because when you go to work every day you put on a badge. But of course, I'm no lawyer, don't really know squat anyway, YMMV, etc., etc., etc.
Have fun!
(Oh, and none of those LE-only post-ban high cap mags for personal use, either! [:)] )