He said he had sold stock on a regular basis, "to achieve personal financial goals without appearing to signal a change in confidence in our company and all the while complying with the strict rules against trading on nonpublic information".
It continued, "While complying with the law in all the jurisdictions in which it operates, including India, HSBC cooperates with requests from U.S. authorities".
That leaves them on a tightrope balancing what they can say to their customers and investors while complying with their obligations to keep the government's secrets.
But remaining attractive to clients while complying with ever more stringent international rules is "an increasingly difficult needle to thread", says Andrew Morriss of the University of Alabama.
"Russian banks have been very innovative in breaking the spirit of the law while complying with the letter of it," says Irina Penkina of Standard & Poor's.
The actions, announced by the Agriculture Department, responded to the concerns of producers while complying with the court order, the agriculture secretary, Tom Vilsack, said in a statement.
The Netherlands and Austria could only manage 0.1% growth, while Portugal, which is battling to recover while complying with a Brussels-inspired austerity drive, managed 0.4%.
Yup! Watch yourself, please!" Mr. Jones explained that he was just making his time at Amazon "joyful and fun" while complying with the company's rigorous safety rules.
"Banks are being challenged to further increase loan-impairment coverage levels for real estate assets, while complying with stringent capital requirements.
Toyota said in a statement that it "expects its suppliers to provide the company with quality parts at competitive prices, while complying with all applicable laws in the markets where they do business".
But sophisticated modern central bankers have many ways to provide help to troubled financial institutions (e.g., through various kinds of asset-purchase programs), while complying with the letter of Dodd-Frank.
