Kurt Kaline Joins Southwest Securities' Taxable Fixed Income Division in New York City

 Kurt Kaline Joins Southwest Securities' Taxable Fixed Income Division in New
                                  York City

PR Newswire

DALLAS, Oct. 10, 2013

DALLAS, Oct. 10, 2013 /PRNewswire/ -- Southwest Securities, Inc. announced
today that Kurt Kaline has joined the company's taxable fixed income division
in New York City as a Senior Vice President, Commercial Mortgage-Backed
Securities (CMBS) Trader.

Mr. Kaline brings more than 16 years of experience in CMBS trading to his new
role with Southwest Securities, Inc., most recently with Brean Capital, LLC.

"Kurt has a wealth of CMBS and Commercial Real Estate (CRE) experience as an
originator, buy-side portfolio manager and sell-side trader," said Daniel
Leland, Executive Vice President and Head of Taxable Fixed Income for
Southwest Securities. "The talent he brings to our CMBS and CRE business makes
him an excellent fit with our team and we are proud to welcome him aboard."

During his career, Mr. Kaline has held CMBS trading positions with Sterne Agee
& Leach, Winthrop Realty Partners, ABN AMRO and Nomura Securities
International. He earned a Bachelor of Science degree from Columbia University
and a Master of Business Administration degree from New York University.

Southwest Securities, Inc., a member of NYSE, FINRA and SIPC, provides
securities brokerage, investment banking and securities clearing services to a
broad range of individual, corporate, public and industry clients. The firm is
a wholly owned subsidiary of SWS Group, Inc. (NYSE: SWS), a financial services
holding company whose stock is listed and traded on the New York Stock
Exchange under the symbol, SWS.

SOURCE Southwest Securities, Inc.

Contact: Ben Brooks - Corporate Communications, (214) 859-6351,
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