What types of sanctions can be imposed on a licensee in Wyoming?

In Wyoming, the regulatory framework governing real estate licensees allows for a range of sanctions to ensure compliance with state laws and ethical standards. The correct answer reflects the comprehensive nature of these sanctions. Administrative fines can be imposed as a means of penalizing infractions, with fines not exceeding $2,500. Additionally, the Wyoming Real Estate Commission has the authority to place a licensee on probation, suspend their license, or even revoke it entirely, depending on the severity of the violation.

This approach ensures that consequences are proportionate to the misconduct and allows for corrective action rather than strictly punitive measures. It is essential for maintaining the integrity of the real estate profession and protecting the interests of the public. The other choices, such as reprimands, loss of commissions, or mandatory training, do not encompass the full scope of sanctions available under Wyoming law, making them less applicable in this context.