According to the SEC’s findings, Mrs. Kanpakkaya Prasertkijkul declared in her application form and qualification certification that she had obtained a bachelor’s degree. However, upon verification with the alleged educational institution, it was found that she had no record of being a student at the university.
 
After consideration, the SEC determined that Mrs. Kanpakkaya Prasertkijkul lacks the qualifications required to be an investment consultant. Misrepresenting educational information constitutes the disclosure or dissemination of false information or documents that may be misleading, or the concealment of essential facts which should have been disclosed to the authorities. This behavior indicates dishonesty and significantly undermines the credibility required for personnel in the capital market business, which is a prohibited characteristic for such personnel.*  The SEC has therefore revoked her approval as a general investment consultant** and has determined that her next application for approval as capital market personnel will not be considered for a period of two years, effective from 6 September 2025.***

In determining the above period, the SEC considered factors such as the individual’s roles, involvements, behaviors, any penalties already imposed, the impacts, damages, or benefits generated, any corrective or obstructive actions affecting the SEC’s operations, and any other records or past conduct demonstrating unsuitability for being personnel in the capital market business.

The SEC reiterates that those seeking approval to become investment consultant or capital market personnel must provide accurate information and documentation. Business operators are also urged to exercise caution and thoroughly verify documents and information when considering recruitment and appointment of personnel.

Remarks:
* Clause 31(3) of the Notification of the Capital Market Supervisory Board No. Tor Lor Thor. 8/2557 Re: Rules on Personnel in the Capital Market Business, dated 3 June 2014, as amended by the Notification of the Capital Market Supervisory Board No. Tor Lor Thor. 48/2560 Re: Rules on Personnel in the Capital Market Business (No. 7), dated 30 August 2017.
** General investment consultant means an investment consultant providing consultation only on capital market product not having complex characteristics.
*** This means the SEC will not accept her application for approval as capital market personnel if submitted during the two-year period starting 6 September 2025.
**** She has been approved as an investment consultant since 15 December 2023 but has not performed duties due to lack of affiliation.