Explainer: The regulatory and legal headwinds facing Robinhood


3D-printed Robinhood logo is seen in this illustration taken, July 1, 2021. REUTERS/Dado Ruvic

WASHINGTON (Reuters) - Robinhood Markets Inc, the online brokerage at the center of this year's retail trading frenzy, disclosed on Thursday previously unreported regulatory risks in its long-awaited initial public offering filing.

Amid an increasingly hostile climate in Democrat-led Washington, Robinhood's growing regulatory attention could be a turn off for some potential investors.

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