| Allen R. Tubb | Email:atubb@swst.com | |||
| Vice President | Direct Line: 214-859-6629 | |||
| General Counsel and Secretary | Direct Fax: 214-859-6020 |
November 21, 2011
VIA EDGAR
Securities and Exchange Commission
Division of Corporation Finance
100 F Street, N.E.
Washington, D.C. 20549
| Re: | SWS Group, Inc. |
Pre-Effective Amendment No. 2 to the Registration Statement on Form S-3
Filed November 16, 2011
File No. 333-177217
Dear Sir or Madam:
Pursuant to Rule 461 under the Securities Act of 1933, as amended, SWS Group, Inc. hereby requests acceleration of the effective date of the above-referenced Registration Statement so that it will be declared effective on or about 3:00 p.m. on Wednesday, November 23, 2011, or as soon as possible thereafter.
Very truly yours,
SWS Group, Inc. | ||
| /s/ Allen R. Tubb | ||
Allen R. Tubb Vice President, General Counsel and Secretary SWS Group, Inc. | ||
cc: Darrel A. Rice, Haynes and Boone, LLP
Garrett A. DeVries, Haynes and Boone, LLP