So company's are bypassing regulations by running coin burns instead of dividens payouts but the desired effect of increasing the amount of value for a shareholder is the same so will this be another feature the SEC will look at when deciding to regulate
If that's the case they could run against regulations then so be it.
Coin burning are one of the reasons that results on pumping the coin price value as the coin supply will be more limited than keeping loads of coins on a single wallet that could compromise the whole project market value.
recently, some altcoins are burning their coin supply to shrink down the coin supply and at the same time investors and holders will expect price value rise because the coin supply is more limited than before.