Camera Cuts lock doesn't work when simulating

Lock Viewport to Camera Cuts of CameraCutTrack stopped working from version 5.4 during PIE's simulation. This is a regression from 5.3 behavior where the lock remains when simulating.
Locking to individual Cameras still works as expected.

1. Create a Level Sequence
2. Click Camera icon. It results to create a camera track and a Camera Cuts track which includes the camera track.
3. Start simulating (Alt + S)
4. Lock the viewport to the Camera Cuts track
   [Image Removed]

Swap Step 3 and 4 causes the same unexpected result.

(Note: The repro project is attached to this ticket. Open a level sequencer from a placed level sequence actor then follow step 3 and 4.)