Replies to post #11503 on Global Brokerage Inc. (GLBR)

[Crusen]

It really does not matter if it is the company's fault or not.

An event happened to the company. Share value is impaired irregardless of who loses some blame game.

So, it does not really matter, but Drew Niv was lobbying against the increased margin requirements which FXCM has now adopted/ had imposed by the government.

Drew called these requirements potentially "devastating" to the industry.

So, now they continue under "devastating" conditions, by Niv's own words.

FXCM Lobbied Against Leverage Limit Before Trades Went Bad...

The agency’s proposal would “have a devastating impact on the retail forex industry,” Drew Niv, FXCM’s chief executive officer,

http://www.bloomberg.com/news/articles/2015-01-16/fxcm-lobbied-against-leverage-limit-before-franc-trades-went-bad