For tax purposes the exchange is the same as selling the bonds at a loss, and the transaction does not violate the wash sales rule.

"The anti-self-dealing provisions lie at the core of the protections of the act, and these transactions violated those provisions."

The transactions, as Mr. Cabal outlined them, would have violated campaign finance laws prohibiting donations by banks, election officials said.

Regulators said those transactions violated accounting regulations and federal securities laws.

Allegations have been made that the initial transactions might have violated various laws controlling the export of American arms.

Such transactions would have violated several laws.

You correctly note that if this suggestion is accurate, these transactions could violate a number of Federal criminal statutes.

These transactions, Nomura said, probably violated the Securities Trading Law in Japan.

The transaction does not violate the law or the United States Senate's ethics regulations.

The transaction, however, did not violate Texas law.