SEC Settles With Aon Over PSERS Calculation
Posted on 01/31/2024
The SEC announced settled charges against Aon Investments USA Inc. 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. The SEC’s orders find that…
