The SEC stressed the need for investment advisers' honesty, ...

Moomoo AI Jan 26, 2024 05:57

The SEC stressed the need for investment advisers' honesty, especially when handling pension funds and municipal entities. Despite settling, Aon and Shaughnessy didn't admit any wrongdoing. The Pennsylvania teachers' pension sued Aon, claiming the firm's errors significantly harmed the system's reputation and finances.

SEC Fines Aon Over Faulty Pension Return Calculation -- WSJ

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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