# CFTC Orders S.J. Woods, Inc., Peter Blanco, and Paul Proscia to Pay over $2.9 Million in Restitution and Permanently Bars Them from the Commodities Industry

> CFTC release 6980-14 · 2014-08-22 · **Other enforcement** · ENFORCEMENT

## Key facts

- **Release number:** 6980-14
- **Release date:** 2014-08-22
- **Type:** Other enforcement
- **Title:** CFTC Orders S.J. Woods, Inc., Peter Blanco, and Paul Proscia to Pay over $2.9 Million in Restitution and Permanently Bars Them from the Commodities Industry
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/6980-14

## What this is

CFTC enforcement actions cover derivatives + commodities + crypto fraud cases. The Commission charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension.


## Citation

> US Commodity Futures Trading Commission, press release 6980-14, "CFTC Orders S.J. Woods, Inc., Peter Blanco, and Paul Proscia to Pay over $2.9 Million in Restitution and Permanently Bars Them from the Commodities Industry", 2014-08-22. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/cftc-action/6980-14.

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