The provincial securities commissions protect investors who are purchasing newly issued securities by ensuring that all material facts published by the company and its investment banking partner is correct and not misleading. However, they stop short by not providing an opinion on the value (or offering price) of the proposed security. An investor could hence make significant gains or pay too much for the security and lose heavily. Explain it you think that provincial securities commissions should render an option on he proper value of a security being issued and why