Robinhood Markets’ recent IPO attracted extensive press and investor attention.  One interesting disclosure in the company’s Registration Statement on Form S-1 is the Risk Factors section, which starts on page 35 and ends on page 110.  Since this is clearly more than 15 pages, as required by Regulation S-K Item 105, the company provided a two-page summary of their risk factors which you can find on pages 10-12 of the Registration Statement.

As always, your thoughts and comments are welcome!