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SWS Group, Inc. Message Board

  • jetsjr5656 jetsjr5656 Jul 30, 2013 10:28 PM Flag

    interesting info

    I rec'd my monthly brokerage statement and noticed my cash is invested in Banco Popular as opposed to SWS FSB as it has been previously. I was advised they have too much cash and had the securities accts move their monies. All FDIC insured so no risk, but just surprised.

    If they have so much cash and have opportunities to pay off their notes (and if they do not or cannot legally), someone ought to question this inaction.