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UPDATE 1-Templeton confirms contact by Turkish regs

LONDON, Nov 12 (Reuters) - Franklin Templeton confirmed that the Turkish regulator has requested information on comments attributed to emerging markets fund manager Mark Mobius which were blamed for driving a slump in Turkish stocks two weeks ago. Last week, senior officials at Turkey's capital markets watchdog (SPK) told Reuters they had launched an investigation into possible market manipulation after Mobius -- who heads fund manager Franklin Templeton's emerging markets group -- predicted a possible major market correction. In a statement, Templeton said: "We can confirm that we have been been contacted by the Capital Markets Board regarding a preliminary request for information related to certain statements reportedly made by Dr. Mobius on October 26. "We are cooperating fully with the Turkish regulator. At this time, we do not have any information that suggests any impropriety by Dr. Mobius." The Istanbul stock exchange dropped 3 percent after Mobius, who has currently around $1 billion invested in Turkey, said there could be a correction in Turkish stocks by year-end of 15 to 20 percent. (Reporting by Raji Menon; Editing by Joel Dimmock) (For the Hedge Hub blog: http://blogs.reuters.com/hedgehub) (For Global Investing: http://blogs.reuters.com/globalinvesting)) Keywords: TURKEY/MOBIUS (raji.menon@thomsonreuters.com; +44 (0) 20 7542 3551; raji.menon.thomsonreuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved.

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