They do and they should, because it's their job. As soon as the check is done, that opens up doors for the Coins, it's all about the way it's done. We're talking about the wild wild west here, it will take decades for them to understand what's going on anyway.
Can there be made an argument for the restriction/pull-back of the SEC from duties towards the Crypto Space? I guess there's the real question and the answer is obviously Y-E-S.