Illegal names are accepted when creating a Content Browser Collection in code

When a Collection is created in code (see code snippet), the collection accepts names with illegal characters such as periods or spaces. Creating a collection through the editor properly warns that the characters are illegal and cannot be used.

Code provided to create collection:
FCollectionManagerModule::GetModule().Get().CreateCollection(TEXT("Hello.World"), ECollectionShareType::CST_Shared, ECollectionStorageMode::Static);

Calling CreateCollection() from code did not verify the name as a valid file name.