Flexfield Value Set Security: All privileges

Hello All,

we upgraded to 12.2.9 and having issue while accessing value set.  Currently its not listing any value set and getting error FRM-41830 .... and noticed its due to new security feature on value set.

I noticed we have grant "Fledfield Value Set Security: All Privileges grant" which granted all flexfield value set.  Do we need to assign the role to all the users? We dont want to do for every user instead provide access to all the users?  Is any program or any other setups we need to take care?

Do i need to send this question to different group.  Appreciate your support.