Defendant Name:
Aon Investments USA Inc. fka Aon Hewitt Investment Consulting, Inc.
Defendant Type:
Subsidiary of Public Company
Document Reference:
34-101318
Document Details
Legal Case Name
In the Matter of Aon Investments USA, Inc. fka Aon Hewitt Investment
Document Name
Order Appointing Tax Administrator
Document Date
11-Oct-2024
Document Format
Administrative Proceeding
Allegation Type
Investment Advisers/Investment Companies
Document Summary
The SEC ordered that: "Miller Kaplan Arase LLP is appointed as the Tax Administrator for the QSF in the above-referenced proceeding."
Disgorgement & Penalty Information
Resolutions
The SEC ordered that: "Miller Kaplan Arase LLP is appointed as the Tax Administrator for the QSF in the above-referenced proceeding."
Related Documents:
IA-6536
25-Jan-2024
Administrative Proceeding
Order Instituting Administrative and Cease-and-Desist Proceedings, Pursuant to Sections 203(e) and 203(k) of the Investment Advisers Act of 1940, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
On January 25, 2024, the SEC instituted settled administrative and cease-and-desist proceedings against Aon Investments USA Inc., fka Aon Hewitt Investment Consulting, Inc., stating: "This matter involves misconduct by registered investment adviser Aon that was inconsistent with its duty to its client, the Pennsylvania Public School Employees' Retirement System ("PSERS") under the Advisers Act."
2024-9
25-Jan-2024
Press Release--Administrative Proceeding
SEC Charges Chicago-based Aon Investments and Former Partner with Misleading Pennsylvania Public Employees' Pension Fund
On January 25, 2024, the SEC "announced settled charges against Aon Investments USA Inc., a Chicago-based registered investment adviser, and the firm's former partner, Claire P. Shaughnessy, for misleading their client, the Pennsylvania Public School Employees' Retirement System (PSERS), about the reason for a discrepancy between two different calculations by Aon of PSERS's investment returns for the same period."
34-99886
02-Apr-2024
Administrative Proceeding
Extension Order
The Commission ordered that: "the Division's request for an extension of time until March 25, 2025 to submit a Proposed Plan of Distribution is granted."
34-102730
25-Mar-2025
Administrative Proceeding
Notice of Proposed Plan of Distribution and Opportunity for Comment
The Commission stated: "Notice is hereby given . . . that the Division of Enforcement has submitted
to the Commission a proposed plan of distribution (the “Proposed Plan”) for the distribution of
monies paid in the above-captioned matters."
Proposed Plan of Distribution
The SEC stated: "The Division of Enforcement submits this Proposed Plan of Distribution . . . . [T]he Plan seeks to compensate an investor who was harmed by the Respondents' misconduct, as described in the Orders, in connection with fees paid for certain investment advisory and investment consulting services."
