You do realize the sec is corrupt af and not here to maintain law and order any further than what it takes to keep themselves and their cronies above the law and the folks 'peaceful' in the street?
If you have faith in gov't, you haven't looked at history.
Gov't killed 200+ million of their own 'citizens' last century.
I actually said the same thing in the zcash community forum and rage quit a debate, i understand exactly what you mean.
https://forum.zcashcommunity.com/t/fatf-possible-death-of-privacy-coins/33601/34?u=phusionphil