Re-naming horses and changing colors on new accounts

[Skraythrax]

Today I helped a friend set up an account and noticed some differences between her account and mine. Specifically I noticed there was not an "Edit Name" button, but rather a button with two arrows. Dummy me was curious about this so I clicked it, which changed the name to a random name, and I was unable to change it back for her. Are all of the new accounts going to be like this now, or does it change at a certain level?

Also, I was helping her figure out the color and noticed that she could not type in the color. There is only an arrow drop of pre-set colors, of which Mealy Bay and Black were not included and probably others. Is this a new thing too that will change when her level is higher?

[Argent]

Sounds like an age-restricted account.