A lot of people are having issues with this now:

Adobe implemented the stricter requirements in Flash Player in three 
phases. In Phase 1, which began with Flash Player 9,0,115,0, a small 
number of strict rules were enforced immediately, but most violations 
of the strict rules resulted only in warnings visible in Debug versions 
of Flash Player. In Phase 1.5, which began with Flash Player 9,0,124,0, 
the warnings of Phase 1 became errors in the specific case of socket 
operations. In Phase 2, which began with Flash Player 10.0, all of the 
warnings of Phase 1 became errors and the transition to stricter rules 
was complete.

Recommend you read this document
http://www.adobe.com/devnet/flashplayer/articles/fplayer9_security.html

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