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Enel is currently unregulated, which is an important consideration for me when assessing its safety. Unlike regulated companies, which are subject to oversight by regulatory bodies that ensure compliance with strict financial standards, Enel operates without such supervision. Although the company has a strong presence in the energy sector with operations in 28 countries, the lack of regulation could expose me to higher risks, especially if I'm engaging with them in any capacity that involves financial investments or transactions. As an investor, I would need to be cautious, particularly when considering products or services related to investments. The lack of regulation also means that I may not have the same level of consumer protection that comes with regulated entities. On the positive side, Enel is a well-established company with a strong market presence and substantial renewable energy capacity, which adds some level of credibility. However, the absence of a regulatory framework raises important concerns for anyone looking to engage with them from a financial perspective.