The investor app Robinhood has announced that they will go on a college tour to attract a younger user base. According to the company, every college user who signs up will receive $15 dollars to start and a chance to win $20,000. In addition, the chief legal officer Dan Gallagher of Robinhood defended the back-end payment that brokerages receive for directing clients’ trades to market makers. He stated that he believes the SEC is “going to arrive at the conclusion that payment for order flow is undoubtedly an amazingly good thing for retail investors and they’re not going to ban it. Rep. Cleaver joined Cheddar's None Of The Above to discuss more.