Insider Trading. Insider trading is a poorly defined concept with roots in adverse selection theory and the efficient market hypothesis (EMH). The popular notion is that insiders have an unfair advantage because they possess materially significant and non-public information â an informational asymmetry.
In format, a letter of guarantee is normally a short document that addresses a specific transaction. The text contains data that establishes the identity of the buyer, his or her relationship with the bank, and the nature and general value of the asset that is pledged as collateral.
The other principal guarantee in Article IV, Section 4, is that the federal government will assure the states a Republican Form of Government. The guarantee of protection from domestic violence may be treated as part of the republican guarantee. The assurance of a republican form did not appear in the Articles of Confederation.