We looked at the SEC and its involvement in the world of social media. The impact of even the thought of raising a big government agency’s eyebrow in this environment is enough to send the most daring social media companies to the corner for a time out to think about what they are doing.

The main reason that they killed the dating ads was that people were using copyright images as well as girls under 18 to advertise for CPA sites. It got to a point where the ad approval team couldn’t police them anymore. The dieting ads were killed cause the FTC is just starting to crack down [...]