Thailand Securities and Exchange Commission has revoked the approval of investment consultant Miss Napatcha Thanitniwat (formerly Miss Pattiya Thanitniwat) for two years and six months and will not accept any future applications from her for approval as capital market business personnel for the same period, after finding she used an investor’s trading account to trade securities for herself or others. The misconduct occurred while she was employed by Krungsri Pattanasin Securities Public Company Limited and was treated as a failure to perform duties with honesty and good faith. An inspection report from the firm and the SEC’s further investigation found that between August 2020 and June 2023 she bought and sold securities online through an investor’s trading account with the investor’s consent, alongside transfers of funds between her bank account and the investor’s bank account to settle trading transactions. The conduct was assessed as a prohibited characteristic for capital market business personnel under a Capital Market Supervisory Board notification, and the SEC revoked her approval as an investment consultant for Complex Products Type 1. The revocation and application ban take effect from 7 November 2025; the SEC also reminded investors not to allow others to open accounts or use accounts in their name and to review and promptly dispute securities transaction confirmations where they did not place the trade.

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