
Answer-first summary for fast verification
Answer: All of the above
## Explanation When a formal determination is made that a GARP member has violated the GARP Code of Conduct, the potential consequences include: - **Suspension of GARP membership** - Temporary removal of membership privileges - **Revocation of the FRM certification** - Permanent removal of the Financial Risk Manager designation - **Financial penalties** - Monetary fines imposed for the violation - **Public censure** - Public announcement of the violation and disciplinary action Since all of these options (A, B, C, and D) are potential consequences, the correct answer is **E: All of the above**. This comprehensive approach to enforcement ensures that GARP maintains high ethical standards within the risk management profession and protects the integrity of the FRM certification program.
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Which of the following are potential consequences of violating the GARP Code of Conduct once a formal determination that such a violation has occurred is made?
A
Suspension of GARP membership
B
Revocation of the FRM certification
C
Financial penalties
D
Public censure
E
All of the above
F
None of the above