The Philippine Securities and Exchange Commission confirmed the arrest of Jason C. Tan, director of its Butuan Extension Office, following a National Bureau of Investigation report. The SEC placed Tan under preventive suspension and took additional measures to protect the integrity of parallel administrative proceedings. The Butuan Extension Office will remain closed until further notice while the investigation continues. Stakeholders may use the SEC’s online platforms or transact through its Cagayan de Oro and Davao extension offices.