Risk Factor Review

Risk Factor Review is a skill for Claude Code, Codex from zgbrenner/agentcounsel. It costs 67 tokens per session (2,435 once invoked), scanned A, original, MIT.

A structured review of the risk-factor section in a securities filing or offering document, looking for boilerplate wording, missing topics, repetition, stale content, and inconsistencies. It creates a draft matrix and notes for attorney review.

In plain words
What is it for?
It is for reviewing risk factors in documents such as an S-1, 10-K, 10-Q, S-4, proxy, private placement memorandum, or offering memorandum.
Why use it?
It helps teams see what changed, what may be too generic, and which business risks may not be covered consistently. It does not decide whether the disclosure is legally adequate.

Skill for Claude CodeCodex

Written for no agent in particular: nothing here depends on one.

Good fit It is for reviewing risk factors in documents such as an S-1, 10-K, 10-Q, S-4, proxy, private placement memorandum, or offering memorandum.

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Install with agentmods
npx agentmods add skills/zgbrenner/agentcounsel/risk-factor-review
Install

Getting it into your agent

One page per mod, every tool's command on it. A separate URL per tool would split the same page into five that compete with each other.

Any agent
npx skills add zgbrenner/agentcounsel --skill risk-factor-review
Clone the repo
git clone --depth 1 https://github.com/zgbrenner/agentcounsel

Made for: Claude Code, Codex.

Wrote this? Show the measurements

A badge with what this costs and how it scanned, read live from this page, so it follows the numbers instead of freezing them. Markdown for a README, HTML for a documentation site or a project page.

agentmods badge for Risk Factor Review

README.md
[![agentmods](https://agentmods.dev/badge/skills/zgbrenner/agentcounsel/risk-factor-review/github.svg)](https://agentmods.dev/skills/zgbrenner/agentcounsel/risk-factor-review)
Your own site
<a href="https://agentmods.dev/skills/zgbrenner/agentcounsel/risk-factor-review"><img src="https://agentmods.dev/badge/skills/zgbrenner/agentcounsel/risk-factor-review/github.svg" alt="Measured on agentmods" height="20"></a>

Or the 80×15 button, for a site that already has a row of RSS and ATOM ones. Only the verdict fits; the numbers stay here.

agentmods 80×15 button for Risk Factor Review

Your own site · 80×15
<a href="https://agentmods.dev/skills/zgbrenner/agentcounsel/risk-factor-review"><img src="https://agentmods.dev/badge/skills/zgbrenner/agentcounsel/risk-factor-review.svg" alt="Reviewed on agentmods" width="80" height="20"></a>
Per session 67 Skills are progressive disclosure: only the name and description are preloaded; the body loads when the skill is used.
When invoked 2,435 The whole file, excluding the scripts and references it only reads on demand.
Security scan A 0 findings. A grade says what 26 rules found in the file — not that it is safe.
Origin original No closer match found in the catalogue.
Token cost

What it costs to keep this loaded

Counted locally with the o200k_base tokenizer, which is exact for GPT models; Claude uses its own tokenizer and its counts differ. Treat this as one consistent yardstick across the catalogue rather than a bill. Prices are per million input tokens.

ModelPer sessionOnce invoked
Fable 5.1 $0.00067 $0.02435
Opus 5 $0.00034 $0.01218
Sonnet 5 $0.00013 $0.00487
Haiku 4.5 $0.00007 $0.00244

Measured 7d ago against content hash bffc3d3e0c98, method: parsed. Prices are Anthropic first-party input rates as of 2026-09-10, from the pricing page.

Security

Grade A, and why

Risk Factor Review scanned grade A with 0 findings against 26 rules in 11 categories — prompt injection, anti-refusal, data exfiltration, privilege escalation, supply chain, agent snooping, system-prompt leakage, SSRF and excessive agency — measured 7d ago.

A static scan of the body, not an audit. Every finding is printed with the line that produced it so you can judge whether it matters here. A mod is markdown that instructs an agent; that is exactly why what it instructs is worth reading.

Nothing flagged

None of the 26 patterns this scan looks for appear in this file: no shell pipes, no recursive deletes, no credential paths, no hidden text, no instruction-override or anti-refusal phrasing, no agent-config snooping. That is not a guarantee, it is the absence of the things that are checkable.

skills/securities-capital-markets/risk-factor-review/SKILL.md · 135 lines

How it starts

The opening of the file, as written. The whole thing — 135 lines — stays where its author put it; the contents beside it link to each section on GitHub.

Risk Factor Review

Purpose

Review the risk-factor section of a filing or offering document, surfacing specificity vs. boilerplate patterns, duplication, known-trend gaps, category-coverage gaps, and consistency with other sections and other filings. The skill records gaps and patterns; the attorney concludes adequacy. This skill provides draft work product for attorney review only and is not legal advice.

Use When

  • An S-1, 10-K, 10-Q, S-4, proxy, prospectus supplement, PPM, or OM is being prepared and the risk-factor section needs a structured pass.
  • A prior risk-factor section is being updated for a new period and the user needs "what changed, what's stale" surfaced.
  • The user wants a category-coverage check against the current SEC risk-factor architecture and the issuer's actual circumstances.

Required Inputs

  • Jurisdiction and governing law, or [verify jurisdiction].
  • Document type and the risk-factor section text.
  • Issuer profile (business, segments, geographies, key customers/suppliers, regulatory environment).
  • Prior risk-factor sections from comparable prior filings.
  • MD&A and business-description sections of the document being reviewed.
  • User-surfaced material developments and known trends affecting the issuer.

If the risk-factor text, issuer profile, or prior-filing comparison set is missing, stop substantive analysis and return an intake gap list.

Do Not Use When

  • The user asks for a conclusion that the risk-factor section is adequate or complete.
  • The user asks the model to conclude that any specific risk is or is not material.
  • The user asks for a full offering-document review (route to offering-document-disclosure-review).
  • The user asks for cross-filing consistency only (route to sec-filing-consistency-check).

Also out of scope (this skill does not): provide final legal conclusions, approve filings, conclude on materiality, approve trading or solicitation, compute deadlines, or provide investment, tax, broker-dealer, exchange, FINRA, blue-sky, or investment-company conclusions.

Read the full file on GitHub · 135 lines

Changes

What this file has done since we first saw it

Hashed on every crawl. A supply-chain change to an agent config is a question of when, not whether, so the history is kept rather than the latest state alone.

  1. 7d ago First seen · 135 lines · 67 tokens per session scan A bffc3d3e0c98

Subscribe to this mod's changes

Risk Factor Review is a skill published in the GitHub repository zgbrenner/agentcounsel (19 stars, last pushed 1mo ago), licensed MIT. It adds 67 tokens to every session and 2,435 once invoked, about $0.0003 per session on Opus 5. A static security scan graded it A with 0 findings. No closer match exists in the catalogue, so it is treated as the original; first seen 2026-09-03.

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