Before joining Faegre Baker Daniels, Jigar served as counsel at the American Council of Life Insurers. Jigar was ACLI’s subject matter authority on privacy, cybersecurity, insuretech, ORSA, FINRA and state securities issues. Jigar worked with ACLI’s member companies and drafted comment letters to individual state insurance regulators, the NAIC, and various federal regulators to provide the life insurance industry’s crucial perspective on pending legislation and regulation. Jigar also represented the life insurance industry on various NAIC workstreams and advocated their interests during the promulgation or adoption of model laws by the NAIC and state insurance regulators.
Prior to ACLI, Jigar was the regulatory affairs counsel for the Financial Services Institute (FSI). There, he guided FSI’s state regulatory outreach with individual state securities regulators and the North American Securities Administrators Association. He also served as the primary contact for state securities regulators on issues ranging from prevention of elder abuse to investment adviser registration.
Before launching his legal career, Jigar was a regulatory analyst at FINRA’s Office of Fraud Detection and Market Intelligence. There he conducted investigations on violations of federal securities laws and FINRA’s rules that were reported to FINRA’s Office of the Whistleblower. He also drafted regulatory referrals to FINRA’s Department of Enforcement and the SEC on potential illicit conduct by registered representatives. He also conducted legal research and prepared documents related to FINRA rules violations.
Jigar enjoys running (albeit slowly), Indian bhangra dancing, and is an avid and suffering fan of his New York Jets, Knicks and Rangers.