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Alan Markfeld profile picture
Alan Markfeld
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Dharmi is an excellent securities lawyer who understands the law as it pertains to these cases. She is extremely proactive and represents her clients well. I highly recommend Jacko and Dharmi.
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Danielle Martin profile picture
Danielle Martin
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I’ve had the privilege of working closely with this firm in my role as Chief Compliance Officer and I can confidently say they are an exceptional compliance partner. Their depth of experience is immediately evidentand they bring a level of practical knowledge. What I truly enjoy is their ability to translate complex regulatory requirements into plain English, often using real, everyday examples that make implementation far more manageable. They are also incredibly responsive and reliable. In a field where timing matters, their prompt communication and thoughtful guidance have been invaluable. If you’re looking for a compliance attorney who combines expertise, clarity, and professionalism, I highly recommend them.
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Curt Rocca profile picture
Curt Rocca
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Michelle and the team at Jacko Law Group have helped guide through a variety of critical circumstances as we ventured through the uncharted and unfamiliar territory of becoming and successfully operating as an RIA. I have particularly appreciated Michelle's personal involvement and genuine caring about us and our organization. She has been responsive and her counsel has been consistently on-point and helpful. She artfully guided us through our initial filing process and first SEC exam process - which went very well. Very grateful to Michelle and her team.
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Nicholas Di Paolo
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Michelle and her team were excellent to work with, front to back. They helped me to understand the challenges ahead and were always proactive in their consultation through every step of my transition. JLG truly know the wealth management industry very well and did a great job of understanding the challenges unique to my business. Without them, I can confidently say I would not have felt as comfortable through the transition as I did. Fortunately, that's not something that stops there - Michelle and her team have kept in touch to ensure that I'm on top of certain administrative issues, trends, and simply showing me that they care about my business and success. I look forward to continuing to work with them for many years to come.
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Margery Neis profile picture
Margery Neis
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Dharmi Mehta was extremely helpful when my business partner and I transitioned to a new RIA firm. She and her staff were all very professional. Her guidance during our transition was invaluable. I highly recommend Dharmi and Jacko Law Group.
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Joseph Burwell profile picture
Joseph Burwell
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Dharmi and Amandeep were a delight to work with. They assisted me with a claim and stuck with me the entire way through. Dharmi's advice was invaluable, and I was most impressed by her clear and professional communication. From beginning-to-end, both Dharmi and Amandeep kept me well informed. Their entire team are proud of their work and rightfully so. Thank you!
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Faruk Jaffer
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My mentor once told me that a good attorney is worth their weight in gold — and that couldn't be more true of Michelle and Amanda. Their expertise, professionalism, and responsiveness were top notch every step of the way. It's rare to find legal partners who are not only sharp and thorough, but also genuinely invested in your success. I’m grateful for their guidance and highly recommend them to anyone seeking trusted legal counsel.
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everistus etafo profile picture
everistus etafo
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It is my great Privilege to share my Review of what Atty Dharmi Mehta of Jacko Law Group did for me and by extension for my family. From the first time complimentary conversation we had having spoken to several other Lawyers ,l knew she was the right person for the Job .Because of her background as a former RR ,she was professional,kind, Empathetic,listened and was focused on fighting for me. From a potential of been terminated with cause ,l was able to walk away with a clean U5 with a validation that l did nothing wrong except what was in the best Interest of my clients. I hope nobody ever has to go through what l have Experienced, but if you do ,you want Dharmi Mehta beside you .Rest assured your service Deserve 10 stars but this forum only allows 5. Me and my family are forever grateful and will make sure that any RR who needs an advocate will know about you . Everistus Etafo
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Karen Althaus
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I have worked with Jacko Law Group for 2 different business situations that necessitated an attorney. In both cases, the team was very thorough & competent. Their attention to our situation and the extra effort they put into our case(s) was very much appreciated. I would highly recommend Jacko Law Group!
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Important Fall Reminders to Review Your Form U4s, 2Bs, and Complete CEs

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Before the holiday season, it’s prudent to review several records including Form U4, ADV Part 2B, and ensure all Continuing Education (CE) requirements are up to date.

Form U4

Firms and their representatives must keep their Form U4 current to maintain compliance. Form U4 must be updated within 30 days of any material change affecting the firm or its associated individuals. Material changes may include updates such as a change of address, the addition of a new team member, customer complaints, regulatory inquiries, and more. Failure to update Form U4 in a timely manner can result in regulatory penalties or other disciplinary actions.

Form ADV Part 2B

Form ADV Part 2B serves as a brochure supplement for clients and provides detailed information about key advisory personnel, including client-facing representatives, investment strategists, and individuals with discretionary authority over client portfolios. While SEC-registered advisers are not required to file Form 2B with the SEC, it must be updated promptly to reflect any material changes and be easily accessible upon request. State regulatory requirements for Form 2B may vary, so state-registered investment advisers should review their specific state’s rules to ensure compliance.

Why It Matters

Incomplete or inaccurate filings can bring about regulatory scrutiny and penalties. Updating your Form 2B and U5 is instrumental, as is ensuring that your continuing education credits are complete to avoid potential issues with registration.

Jacko Law Group can assist with reviewing your filing requirements to identify any gaps in compliance, provide guidance on necessary updates, and ensure all CE requirements are fulfilled.

 

Mid-November Deadline Recommended for IAR CE Credits Submission

The California Department of Financial Protection and Innovation (the “CA DFPI”) has issued an important advisory regarding the continuing education (CE) requirements for Investment Adviser Representatives (“IARs”) registered in the State of California. The agency strongly recommends that all IARs complete and submit their 202 CE credits by mid-November 2025.

Twenty-three (23) other states and U.S. territories with CE requirements are making similar suggestions so you are strongly encouraged to review these requirements.

Why Submit Early?
The CA DFPI recommend submitting CE credits earlier than the official deadline to allow sufficient time for the credits to be properly reported and processed before the FIRNA CRD system shutdown scheduled for December 26, 2025. Those who fail to meet the CE requirements will not be permitted to renew their registration for 2026.

Reporting period / Effective date

  • The CE requirement in California became effective May 1, 2024.
  • For 2024, the compliance period runs from May 1, 2024 to December 31, 2024.
  • Credits earned any time in 2024 will count toward 2024 compliance.

 

2025 Continuing Education Credits

The bulletin does not specifically address California IAR CE credits for 2025. However, according to the North American Securities Administrators Association website (NASAA),  CE credits must be reflected in the CRD system by the end of each calendar year (December 31) to count towards that year’s CE requirement.

 

Overview of CE Requirements for California IARs

  1. All IARs registered in California must complete 12 CE credits annually to stay compliant.
  1. CE Credit Requirements
    • Six (6) credits/hours must focus on Ethics and Professional Responsibility.
    • Six (6) credits/hours must focus on Products and Practices.
    • Credits must be earned through authorized providers to be valid.
  2. All CE requirements for both 2024 and 2025 must be submitted before the CRD system shutdown on December 26, 2025, to avoid registration renewal issues.

IAR CE Authorized Providers
To ensure your courses are approved, reference the official list of authorized course content providers available on the NASAA website here:
NASAA Approved IAR CE Providers

 

For more detailed information about the IAR Continuing Education program and specific requirements, please visit the DFPI’s official page here: Investment Adviser Representative Continuing Education (IAR CE) – DFPI

Note: For more information on IARs registered in other states, or in multiple jurisdictions, please visit Investment Adviser Representative Continuing Education – NASAA

Jacko Law Group is ready to help! If you need assistance with updating regulatory documents, reviewing disclosures or otherwise preparing for end of the year requirements, please contact us.  Our team of experienced securities lawyers are here to assist you with meeting your regulatory and legal compliance requirements. Contact us at: 619.298.2880| [email protected].

 

 

 

 

 

 

 

About the author

Jacko Law Group provides tailored legal services and effective strategies for success, delivering exemplary solutions to complex legal and regulatory challenges to ensure that both business efforts and compliance obligations are satisfied.

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