The Chevalley–Shephard–Todd theorem states that given a finite-dimensional faithful representation of a finite group $G$ on a vector space $V$ over a field $k$ whose characteristic does not divide the order of $G$, the action of $G$ is generated by pseudoreflections just if the invariant functions $k[V]^G$ form a polynomial ring.
Is there any known generalization (perhaps somewhat weakened) to the case $V$ is infinite-dimensional and $G$ is only assumed to be discrete (or some other finiteness condition)?
If not, is there an obvious reason there can be no such generalization?