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Read More WASHINGTON, July 1 (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. Aside from fines, Robinhood noted that government probes could result in business restrictions, increased compliance controls, changes to products and services and brand damage. loading The company, which boasts 18 million customers, had drawn regulatory penalties for system outages and misleading disclosures even before it sparked outcry by curbing trading in some shares at the height of January s meme stock saga. L4N2K9478

New yorkUnited statesCynthia ostermanGary genslerVladimir tenevYork department of financial servicesThomson reuters trust principlesExchange commissionRobinhood markets incMassachusetts securities divisionFinancial industry regulatory authorityMarkets incDemocrat led washingtonWall streetNorthern districtNew york attorney general