The Jamaica Stock Exchange is insisting that no broker is in breach of the capital adequacy requirements at this time.
The JSE says it has taken note of reports of a broker being in breach of these requirements at a particular point.
In a release Thursday, the JSE said all of its licensed and regulated brokers have the required capital adequacy to operate in line with its Excess Capital guidelines.
The stock exchange said it routinely performs an operational review of its brokers' monthly financial returns, to determine whether any institution is close to or near to the benchmark for concern.
It said from time to time, depending on the activities of an institution, there may be instances where brokers are at that limit and the Exchange will require brokers to unveil their plan to address the matter.
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