You really should not discuss the law. Subtleties are not a strong point in these discussions. I doubt they have “violated” the law but I won’t get sucked down into a useless discussion of the specificities and niceties here. It’s waste of time.
There is a regular habit of people saying they are long and then conceding that the company is in violation of law. There are often very specific exceptions and specific reasons why some things do not apply that are likely not in the public set of facts. But there are related details in the laws and there are things that likely occur that can make things people presume to be true on bulletin boards simply untrue.
“Conceding” they are in violation of law is not a factual thing. No one knows. There are rules related to these things, they seem like they might be firm, but they are not necessarily what they seem to be, most of the time. Anyone who ever deals with regulations and law knows this to be the case, there are ambiguities, grays and factual unknowns that make such determinations not possible from our vantage point. Might be, but conceding it is not necessary because no one knows. Yes, rules say x, one can use Google to quote them, but that is not the same as knowing reality.