Thread:LoveWaffle/@comment-5164970-20140611181404/@comment-1895174-20140611181606

Hulkophile wrote: Magneto did reform the Brotherhood of Mutants in "X-Men: Days of Future Past". He said to the cameras, "Join me... in the Brotherhood of Mutants..."

So he reforms the team, and is recruiting people to join. But didn't do any of that yet. He failed in killing the president, and then flew away. Whether or not he actually reforms it is unclear until the next movie comes around.