nonregulated

/ˌnɑnˈrɛɡjəˌleɪtɪd/
adjective
  1. Not controlled by official rules or laws; free from government or industry oversight.
    • Nonregulated industries often have fewer consumer protections.
    • The sale of certain chemicals remains nonregulated in many countries.
    • Some investors prefer nonregulated markets because they offer higher returns.
Synonyms
What does "nonregulated" mean? | whatsthatwordmean | whatsthatwordmean