This section contains information regarding financial compliance with the RIBO regulations. Regulations require that brokers file a position report called FORM 1 semi-annually, outlining the trust, general and equity position of the brokerage firm. There are guidelines to assist in completing Form 1 available to those brokers who require clarification. In addition, there are reporting tips for those brokers who wish to review the common errors made when completing Form1. If a broker wishes to file annual financial statements, in lieu of the above semi-annual filings, he or she may consider completing the application for financial reporting exemption. All filings are reviewed on the RIBO premises to ensure adherence. RIBO also conducts spot checks, a review of the financial status of a randomly chosen brokerage by one of RIBO's Investigators. Please see the outline of the Spot Check process, including a list of information requested during a spot check and answers to frequently asked questions. For further information on financial compliance, feel free to contact Diana Campoli via e-mail or by phone at (416) 365-1900 or 1 800 265-3097.