This is a userspace component — you cannot attach it anywhere but the userspace. Messing with the userspace can be fun, but it is not recommended as you risk messing your dash up if you don't know what you're doing.
Setting Action Proxy`1 component as seen in the Scene Inspector
The SettingActionProxy component is used to trigger an action on a subsetting under the component of type S which would be globally registered in the world.