Two brokers suspended

JAKARTA (JP): The capital market supervisory agency has suspended two securities firms, PT Gawang Rejeki and PT Buraksa Perkasa. for breaching Jakarta Stock Exchange trading regulations.

The head of the agency's legal bureau, I Nyoman Tjager, said in a letter Friday that the two firms did not have custodian services, order, trading and marketing divisions to support their operations.

PT Gawang Rejeki and PT Buraksa Perkasa did not make any contract with their clients when opening a securities account as required by capital market regulations.

The letter said the two firms could resume operation if they improved their office administration. (09)