Such speculation is reasonable, however it fails the litmus test: Regulators only agree to regulate they actually can affect.

Its similar to the old lawyer trope of: Never ask a question in court that you don't already know the answer to...

The point being, is that Regulators may in fact love to enact such rules, but they won't simply because the outcome of having vast amounts of non-compliance with no effective method to enforce the rules are of greater damage to the regulatory regime than finding another approach to extract their rents.