Using "Run Component Action" to switch to Edit mode..

I am running 12.2.9 and this is still an issue.

I am unable to toggle between Edit/Read with a component action if the field editor default mode is set to “Read”, nothing happens. The field editor default mode must be set to “Read with In-Line Edit” (Read with In-Line Edit –> Edit –> Read with In-Line Edit)

However, if my field editor default mode is set to “Edit” I can toggle between Edit/Read (Edit–>Read–>Edit).

Is there a time line when this will be fixed?