Corporations and individuals providing investment advice and broking financial products such as securities and insurance are regulated by provincial regulatory authorities. New World Financial Corp operates under license from the The Financial Services Commission of Ontario (FSCO).

The Financial Services Commission of Ontario (FSCO) was created on July 1, 1998, as an arm’s-length agency of the Ministry of Finance. FSCO integrates the operations of the former Ontario Insurance Commission, Pension Commission of Ontario, and Deposit Institutions Division of the Ministry of Finance. FSCO comprises three key parts: the Commission; the Financial Services Tribunal (Tribunal); and the Superintendent and Staff.

As of March 31, 2010, FSCO regulated or registered 360 insurance companies, 7,908 pension plans, 188 credit unions and caisses populaires, 56 loan and trust companies, 1,120 mortgage brokerages, 2,419 mortgage brokers, 6,796 mortgage agents, 83 mortgage administrators, 1,634 co-operative corporations, as well as approximately 43,296 insurance agents, 4,271 corporate insurance agencies and 1,417 insurance adjusters.