Explanation

According to the GARP Code of Conduct, when a formal determination is made that a violation has occurred, the potential consequences include:

• Revocation or suspension of the right to use the FRM designation (Option C)
• Suspension or termination of GARP membership
• Required ethics training
• Other appropriate sanctions

Why Option C is correct:

• GARP has the authority to remove an individual's right to use the FRM designation as a disciplinary measure
• This is one of the most significant professional consequences for a certified FRM

Why other options are incorrect:

• Option A: While GARP may notify employers in some cases, this is not the primary or most direct consequence
• Option B: GARP cannot suspend someone's right to work in the profession - this would be regulated by employment laws and professional licensing bodies
• Option D: Ethics training may be required, but this is typically a remedial measure rather than the primary consequence of a formal violation determination

The most direct and severe consequence that GARP can impose is the removal of the FRM designation rights, which directly impacts the professional credentials of the certified individual.