Vertex Editing - 3D View

The below Vertex Editing options are available from the Digitizer Mode right click sub-menu, the availability of some options depends upon feature type selected at the time of right-click.

Reverse Order of Vertices in Selected Area(s)/Line(s)
SIMPLIFY - Simplify (Reduce) Vertices of Selected Line/Area Feature(s)

SMOOTH - Smooth Selected Line/Area Feature(s)

DELETE VTX - Delete Selected Vertices   
Set Position of Selected Vertices