Southwest Securities, Inc. Welcomes J. Michael DeHority to Fixed Income Sales Office in Memphis, Tenn.

DALLAS, April 18, 2013 /PRNewswire/ -- J. Michael DeHority has joined Southwest Securities, Inc. as Vice President – Fixed Income Sales in the company's Institutional Sales Group office in Memphis, Tenn.

Mr. DeHority has more than three decades of financial services experience, including more than 20 years in institutional sales. He joins Southwest Securities from Banes Capital Management where he served as a senior vice president in institutional sales.

"Michael has built a long-standing reputation for success in institutional sales and is a respected leader in the fixed income industry," said Michael "Mac" McGinnis, Branch Manager of Southwest Securities' Memphis office. "We are proud to welcome him to Southwest Securities, where his depth of knowledge and proven track record fit well with our growing team."

Mr. DeHority began his career in institutional sales in 1991 with Memphis' Vining Sparks IBG. He has also held senior-level positions with Dain Rauscher, Wunderlich Securities, BB&T Capital Markets and Raymond James & Associates in Memphis. A Certified Public Accountant, Mr. DeHority earned a Bachelor of Business Administration from the University of Notre Dame and a Master of Business Administration from the University of Memphis.

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.

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