You know, as a news man, I really shouldn't take this much enjoyment in a fake campaign…
Anyway, Politico is reporting that the FEC might not be tuned in to the Colbert campaign joke.
If he continues moving toward a presidential campaign, particularly if he, or Comedy Central, keeps spending money exploring and promoting by hyping it on his nightly half-hour news parody show, he could get himself and his network in trouble for violating election laws, including those barring corporate campaign contributions.
“You don’t get a different set of rules because you’re running as a joke,” said Marc Elias, a leading Washington election lawyer who represents Democratic candidates.
Here's a link to the Colbert campaign website that has the petition for filing for the Democratic ticket.