No, at the time of the 2nd Amendment was penned, “regulated” meant something different than how regulated is used today. Very common misconception. “In excellent operating order” or “well trained”.
This is an important distinction, because of unscrupulous types who want to pervert our laws.
late Middle English (in the sense ‘control by rules’): from late Latin regulat- ‘directed, regulated’, from the verb regulare, from Latin regula ‘rule’.