Statement Summary
The U.S. Securities and Exchange Commission (SEC) has announced an extension regarding the approval or disapproval of a proposed distribution plan related to Aon Investments USA Inc. and Claire P. Shaughnessy. The original timeline included a public comment period that concluded on April 24, 2025, with a decision deadline set for May 27, 2025. However, an extension has been granted, pushing the decision deadline to December 1, 2025. This extension was granted following a request from the Division of Enforcement for additional time to evaluate public comments and develop recommendations, in accordance with SEC Rule 1104 which allows for extensions under good cause.
Original Statement
UNITED STATES OF AMERICA
Before the SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934
Release No. 103122 / May 23, 2025
ADMINISTRATIVE PROCEEDING
File No. 3-21836
In the Matter of Claire P. Shaughnessy,
Respondent.ORDER EXTENDING TIME TO ENTER
AN ORDER APPROVING OR
DISAPPROVING PLAN OF
DISTRIBUTION
ADMINISTRATIVE PROCEEDING
File No. 3-21837
In the Matter of Aon Investments USA Inc., fka Aon Hewitt Investment Consulting, Inc.,
Respondent.
On March 25, 2025, under Rule 1103 of the SEC’s Rules on Fair Fund and Disgorgement Plans, the Commission published a Notice of Proposed Plan of Distribution and Opportunity to Comment for the distribution of funds collected pursuant to prior Orders in the referenced matters. This Notice invited public comments on the proposed plan of distribution through April 24, 2025, and the Commission received feedback on the Proposed Plan.
According to Rule 1104, an order approving or disapproving such plans should ideally be entered within 30 days following the public comment period. This deadline falls on May 27, 2025.
However, the Division of Enforcement has requested additional time to formulate recommendations for the Commission concerning the public comments received. The Division demonstrated good cause for this request, allowing the extension of the approval or disapproval period until December 1, 2025.
Hence, it is ordered that the time frame for entering an order on the Proposed Plan is officially extended to December 1, 2025.
For the Commission,
by the Division of Enforcement,
pursuant to delegated authority.
Vanessa A. Countryman
Secretary
