I guess all brokerages would have done this considering it has exhibited about 20% down move in 2 consecutive sessions.
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JPASSOCIAT is dropping suddenly due to bad news, in order to avoid huge losses in Intraday, it is normal to set the Leverage to lesser extent say from 9x to 3x.
If it recovers back to normal trading conditions, it is possible that its leverage might be increased back to original conditions, lets cross our fingers and see what happens.
It is risky to Intraday with JPA since, talks are going on to invest money even after its sharp fall (since it is available for purchase at lower prices) some ppl believe it might recover in 3 months.
So if you short/sell those shares in 9x and suddenly some huge investments coming up, you will loose a lot of money.
Hence 3x ensures some kind of reduced risk.