As we've reported here before, Fred Thompson continues to play coy about running for President, even though the man obviously is a candidate for President -- he's already got a campaign staff in place, is beginning to campaign, and has even all but said he's running.

Well, it turns out that Thompson's studied coyness may be more than just irksome and phony: It may also be a violation of election law.

The Hill reports:

Former Sen. Fred Thompson (R-Tenn.) may be violating Federal Election Commission (FEC) laws by failing to report funds raised in the second quarter, which ends tomorrow — giving his probable presidential campaign a one-month fundraising advantage over his rivals in the third quarter.

Republican or Democratic rivals could file a complaint against Thompson if he enters the 2008 presidential race and it becomes apparent that he spent the month of June campaigning rather than wrestling with the decision to run.

And as we've seen, Thompson did spend some of June campaigning.