Well, they have set up a round table at the SEC (which I imagine to be one of those in the town casino, with a plastic tablecloth and everything) and they have started discussing whether those in DeFi should have the same responsibility as a bank, or if they are like those who post recipes on Facebook.
One said that code is free like air, another that smart contracts are better than mayors, and someone else defended that decentralization is not anarchy, but like neighborhood meetings: disorganized but transparent.
In short, if this continues, they will have to regulate contracts as if they were cookie recipes: one puts in the ingredients, and if someone chokes because they are greedy, they should not blame the cook.