Common use of You Continue to Own Loaned Shares and Have Market Risk on Those Shares Clause in Contracts

You Continue to Own Loaned Shares and Have Market Risk on Those Shares. When you lend your shares, you continue to own the shares and you continue to have the market exposure inherent in ownership of the shares (i.e., if the share price decreases while you own the shares but are lending them out, the value of your position will decrease).