Well, come to find out, this is not "by design" for it to swivel like that.
I emailed Cimarron and was told that it should be connected on both sides and that it was probably "broken". Then they asked for pics.
When I sent pics, I explained that there was no second hole for attachment, nor was there any sort of plug where it may have broken off. I then later received a response telling me that it the staple was only connected on one side and that it had a nut on the inside that must have come loose. Then they simply gave me a telephone number where I could send it out for repair.
Huh? The gun is only a week old and has never been fired!
I went on to explain that I felt it should be covered under warranty and I shouldn't have to pay for freight (both ways) and the labor to fix
their defective part. I also stressed my concern over this "loose nut" that could work it's way entirely off and potentially damage the internal workings of the gun, or even worse ... pose the risk of bodily injury to myself and/or others. Again, their response was to ask me to send it to a "gunsmith". Then they were kind enough to provide a telephone number that was not in service.
When I got home, I took a closer look and the staple was simply threaded into the receiver.
There was no "nut". Just a couple turns of the saddle ring, and it was nice and tight again.
I sincerely hope I NEVER have to deal with Cimarron customer service EVER AGAIN.
My bad for not taking a closer look before contacting them, but my exchange with them just proves that they have absolutely no clue about the products they sell, nor do they stand behind their products or honor any sort of warranty.
Lesson learned.
