CoinVoice has recently learned that, according to Bloomberg, Donald R. Wilson, founder of one of the world's largest trading firms DRW Holdings LLC, stated in an interview that the regulatory framework for the U.S. securities industry needs to be rethought.
He pointed out that 'the friction between the SEC and CFTC has always been a counterproductive force, suggesting starting from scratch by abolishing the existing SEC and CFTC and creating a completely new regulatory agency.' [Original link]