On October 4, the Federal Election Commission ruled that Unity.08 is not restricted in its fund-raising activities. It is not a “political committee” for federal campaign finance law purposes, concerning raising money. However, it is limited by federal campaign finance law at the point at which it begins spending money.
Unity.08 was formed earlier this year. It’s goal is to hold an on-line presidential nominating process, and then get that presidential candidate on the 2008 ballot as an independent.