The headquarters of the US Securities and Exchange Commission (SEC) is seen in Washington, DC on Jan 28, 2021. (SAUL LOEB / AFP)

The US Securities and Exchange Commission (SEC) is considering whether to require more transparency of short-selling, the Wall Street Journal reported on Wednesday, after last month’s social media-driven rally in a handful of stocks like GameStop Corp.

The US Securities and Exchange Commission will also examine the network of stock lending and borrowing that facilitates short-selling, according to a report from the Wall Street Journal

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The regulator will also examine the network of stock lending and borrowing that facilitates short-selling, the report said, citing people familiar with the matter.

GameStop did not immediately have any comment. A spokesperson for the SEC declined to comment.

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GameStop shares had rallied last month as investors following the Reddit forum WallStreetBets bought them hoping to punish hedge funds such as Melvin Capital Management that had taken short positions.