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Mark Mobius: ‘Excessive’ lending for short bets should be banned amid GameStop frenzy

The veteran fund manager says excessive stock lending could have wider market implications, and could even result in the onset of a financial crisis

Mark Mobius
Mark Mobius Photo: Getty Images

Stock lending — the practice where shares are borrowed by large investors to bet on a decline in company share prices — should be overhauled in the wake of the GameStop melt-up, according to veteran investor Mark Mobius.

“Proper regulation is important,” Mobius told Financial News.

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