Just read an interesting report that SEC cites the Naoris protocol for quantum resistant crypto.

While Iam happy to see different interested parties putting their chips on the table and taking the quantum threat seriously enough, I am curious, can the SEC have the power or authority to force its preferred consensus protocol on any crypto, and more specifically, Bitcoin? If it does, then would it mean game over, as in, another asset co-opted by the state-establishment to advance its policy objectives?