The snippet of code I am currently using lacks the ability to format text, and it does not allow content below dropdown items to shift down properly in an email.
<select>
<option value="first">First-time users of the Vanguard Events app:</option>
<option value="download">• Download the Vanguard Events app on your Apple or Android device</option>
<option value="allow">• Make sure to enable push notifications from the app.</option>
<option value="launch">• Launch the Vanguard Events app and search for Connect Fall 2015 Sales Conference.</option>
<option value="enter">• Enter the event code <strong>2015fall</strong> </option>
<option value="login1">• To login, locate the left side of your screen.</option>
<option value="login2"> If you are using a smartphone, tap on the three horizontal lines in the upper left corner to access the login link.</option>
<option value="login3"> For logging in on a tablet, tap on "Log in for more features" in the upper left corner.</option>
<option value="enter">• When logging in, provide your name or email and the Cvent confirmation code, XXXXX.</option>
</select>