The "Reset Seed on Emitter Looping" has no effect when enabled.
Tested in: 4.22.3 CL#7053642 , 4.23.1 CL#9631420 , 4.25 CL#10868506
Result: There is no effect
Expected: The reset seed to properly call GetModuleRandomSeedInstanceData()
There's no existing public thread on this issue, so head over to Questions & Answers just mention UE-86188 in the post.