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Southwest Securities, Inc. was founded in April 1972 as MidSouthwest Securities, Inc. and removed the "Mid" to become Southwest Securities, Inc. in 1979. [50] Its parent company, SWS Group, Inc., announced in 2014 that it was being acquired by Hilltop Holdings Inc. in a stock and cash deal. [ 51 ]
2015 – The bank’s parent company, Hilltop Holdings, enters into a merger agreement with SWS Group. SWS's banking subsidiary – Southwest Securities, FSB – becomes a part of the bank. [10] [11] 2016 – PlainsCapital Chairman Alan B. White is named Co-Chief Executive Officer of Hilltop Holdings with Jeremy B. Ford. [12]
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Depository Trust & Clearing Corporation. The Depository Trust & Clearing Corporation (DTCC) is an American financial market infrastructure company that provides clearing, settlement and trade reporting services to financial market participants. It performs the exchange of securities on behalf of buyers and sellers and functions as a central ...
The Securities Investor Protection Corporation (SIPC / ˈsɪpɪk /) is a federally mandated, non-profit, member-funded, United States government corporation created under the Securities Investor Protection Act (SIPA) of 1970 [3] that mandates membership of most US-registered broker-dealers. Although created by federal legislation and overseen ...
Let's be honest here: A lot of Americans weren't thrilled about the Social Security Administration's (SSA) customer service options even before COVID-19 created all kinds of headaches. But with ...