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While ANSTEEL is a well-established industrial company, the lack of regulation makes me hesitant about the safety of engaging with them, especially from an investment perspective. Regulatory bodies serve to protect clients and investors by ensuring that companies are financially transparent and meet specific operational standards. Since ANSTEEL is not regulated, there is no official oversight on its financial operations, which makes it harder for me to trust their processes, especially regarding how they handle financial transactions. I understand that ANSTEEL operates in industries like steel and non-steel products, which may not typically be subject to the same regulatory standards as financial institutions, but this absence still presents risks. When working with a company in any capacity, knowing that it is regulated provides peace of mind, and in the case of ANSTEEL, the lack of regulatory oversight means I must exercise extra caution before making any decisions.