Isn't this type of thing the reason that DACs and DAOs are being developed? Unlike, centralized operations such as EtherDelta, who exactly are the SEC going to shut down? That's the whole point. They can't shut down a decentralized system.

On a similar note, we've seen a lot of censorship action from the big tech social media companies (Facebook, Twitter, Google). They are acting as an SEC of sorts; attempting to tell people what they can and can't say. So we have a similar situation where decentralized social media is being developed.