Defendant Name: Southwest Securities, Inc.

Defendant Type: Subsidiary of Public Company
Public Company Parent: SWS Group, Inc.
SIC Code: 6211
CUSIP: 78503N10

Initial Case Details

Legal Case Name In the Matter of Southwest Securities, Inc.
First Document Date 24-Mar-2010
Initial Filing Format Administrative Action
File Number 3-13831
Allegation Type Municipal Securities & Public Pensions

Violations Alleged

Other
• Section 15B(c)(1) Exchange Act; Rules G-37(b), G-37(e) Municipal Securities Rulemaking Board

Resolutions

First Resolution Date 24-Mar-2010
Headline Total Penalty and Disgorgement $470,147

Related Documents:

34-61768 24-Mar-2010 Administrative Proceeding
Order Instituting Administrative and Cease-and-Desist Proceedings, Pursuant to Sections 15(b), 15B(c)(2) and 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
On March 24, 2010, the SEC instituted a settled administrative proceeding against Southwest Securities, Inc. According to the SEC: "These proceedings involve violations of the law concerning political contributions and municipal securities business by Southwest, a broker-dealer and municipal securities dealer."

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