McCain to break own law?

I'm not sure how far this will go, or when it will be settled, but California Democrats are asking regulators to investigate both Arnold and John McCain for violating fundraising laws:

The allegations center on a scheduled March 20 fund-raiser in Beverly Hills in which donors have been asked to contribute up to $100,000 for Schwarzenegger and the state Republican Party.

McCain, R-Ariz., is the featured speaker.

Katie Levinson, a spokeswoman for the governor's campaign, called the complaint "nothing more than frivolous nonsense." Trevor Potter, a former Federal Election Commission chairman who advises McCain, said the senator "is in full compliance with federal law."

At issue is whether McCain's appearance runs afoul of restrictions on federal officeholders taking part in events that solicit political funds. McCain is being accused of violating a law he helped write.

The complaint, to be filed Monday with the commission in Washington, charges that McCain and Schwarzenegger "are soliciting soft money from prohibited sources and in excess of the federal contribution limits."

This, I think, is a summary of the portion Democrats think will be violated:

Federal candidates and officeholders may only solicit contributions that are consistent with federal law, even if the money goes to a state party's non-federal account. Thus, a U.S. senator cannot solicit money from corporations or unions for a state party's non-federal account even if permitted by state law. Nor can he or she solicit contributions from individuals for a state party's non-federal account that exceed the federal $ 10,000 limit.

As I said, whether anything comes of it remains to be seen.