This article cogently describes the current US govt approach to policy and call for an Internet Policy 3.0. Also clarifies points and describes the issues in regulation and governance that are raised in response.
As per DeNardis, the first question is who is the board, then what are their interests, how are they funded, who do they represent, by what process are decisions made and implemented, are objections public etc.
If, as the press release suggests, this is the first of many more simple and stringent security and safety features, then what are they and who decides?
"The Facebook Safety Advisory Board comprises five leading Internet safety organizations from North America and Europe that serve in a consultative capacity to the company on issues related to online safety. The organizations on the board are Common Sense Media, ConnectSafely, WiredSafety, Childnet International and The Family Online Safety Institute (FOSI). "