Wouldn't the ATF be a logical regulator? Alcohol, Tobacco, and Funnels. Get them out of guns and explosives.
Overall we need to do one of two things: Stop making stupid non-functional regulations, or revive the old mental hospitals and confine all the people that think they are helping (anything).
I suppose it would also work to restrict the rule making to people with sufficient intelligence and knowledge, and not reporting in one form or another to a politician owned by some special interest group with more money that one can easily imagine. Naah.