No company is capable of moderating all of the things a parent wants to keep from a child. That has to be a household controlled issue, and it takes a lot of work to monitor what your kid is doing. It is the same as anything connected to the internet. Some people are crazy/mean/bad influences/dangerous. No moderation will be perfect, so it is more important to understand what your kid is doing and give them guidance. Otherwise, ban them from interacting entirely.
So basically they aren't moderated at all. Also steam community forums by Valve themselves almost always without exception have shit moderation. Even if Valve did also do it, I have little confidence they would address the issue.
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