"Collar" on Neck of Floodlight Cam

See Page 13 of the Installation Manual for the Floodlight Cam.

In the picture on the left, he is turning the round knob to rotate the camera 180 degrees.

Directly below that round knob is the “collar” I am referring to.

See the 2 holes on the left side of that “collar”.

Seems like there would be a need for a bolt & nut through those holes to tighten that “collar”.

Right now that “collar” is very loose & moves easily up & down & does not serve any purpose. So, why even have it?