X0202 4 2005-02-17 0000878520 SWS GROUP INC SWS 0001249608 HULTGREN DONALD W 1201 ELM STREET SUITE 3500 DALLAS 75270 1 1 CEO Common Stock $.10 Par Value 2005-02-17 4 P 0 600 19.34 A 16468 D Common Stock $.10 Par Value 2005-02-17 4 P 0 400 19.36 A 16868 D Allen Tubb, Power of Attorney 2005-02-17