FEC reviews stricter rules for political ads on social media
The Federal Exchange Commission has begun reviewing a stricter set of rules for political ads on social media. FEC chief Ellen Weintraub has revealed at a tech conference in Washington that the agency has finished writing up a draft of new rules, months after it agreed to do so following requests from politicians and tech titans alike. She said the commission is hoping to "to be able move this rule-making forward within" the 2018 midterm elections. The Congress, the Senate, Google and other entities urged the FEC to conjure up tighter regulations for political ads on social networks and the internet as a whole after what happened during the 2016 Presidential Elections. Facebook first revealed in September that Russian troll farms purchased $100,000 worth of ads on its platform, which pointed to fake news Pages meant to sow discord among the country's citizens. Since around 150 million Facebook and Instagram accounts were exposed to those ads, the company had to cre...