Modest regulation of the education industry is entirely necessary. It has a long history of trouble, from low-quality schools to out-and-out scams. Students by definition aren't able to directly evaluate the educational experience up front; if they could, they wouldn't need the classes. Plus, with high prices and long feedback cycles, there's a large amount of value at risk, and market mechanisms don't work particularly well.
Even if the current crop of boot camps is all awesome, it's an ideal model for a scam. With new ones popping up all the time, anybody with more greed than sense could open up a well-marketed school, make some great promises, collect a couple hundred thousand dollars, give some half-assed classes, and shut it all down again before the first bad Yelp reviews come in. And then they could do it again with a different name instantly.
Yes, in theory. Here the only ones with more greed than sense are the ones behind the enforcement of bankrupting-expensive-regulations.
If you really care that much you just need someone that knows the subject to go the classes and see for themselves if everything is being taught good enough. You don't need to inject a bureaucratic debt in their finances in the name of "regulations".