The SEC has also launched multiple probes into initial coin offerings.
Bitcoin and other cryptocurrencies may require a new federal regulatory framework, regulators say.
The SEC over the past several years has stepped up scrutiny of the $3.8 trillion municipal bond market.
The CFTC has been increasing its jurisdiction over the booming cryptocurrency market.
The overarching theme centers on untangling the red tape.
The Investment Company Institute has raised concerns about how the SEC safeguarded industry data it gathers since 2015.