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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ___________)
SOUTHWEST SECURITIES GROUP, INC.
(Name of Issuer)
Common Stock, $.10 par value
(Title of Class of Securities)
845224104
(CUSIP Number)
March 16, 2000
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed.
[ ] Rule 13d-1(b)
[x ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act.
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SCHEDULE 13G
CUSIP No. 845224104
1. Names of Reporting Persons: Richard L. and F. Annette Scott Family Limited
Partnership.
IRS Identification No.: 61-127-2598
2. Check the Appropriate Box if a Member of a Group (a) [ x ]
(b) [ ]
3. SEC USE ONLY
4. Citizenship or Place of Organization: Kentucky
NUMBER OF SHARES 5. Sole Voting Power: 251,050
BENEFICIALLY OWNED 6. Shared Voting Power: -0-
BY EACH REPORTING 7. Sole Dispositive Power: 251,050
PERSON WITH 8. Shared Dispositive Power: -0-
9. Aggregate Amount Beneficially Owned by Each Reporting Person: 251,050
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares: [ ]
11. Percent of Class Represented by Amount in Row (9): 2.1%
12. Type of Reporting Person: PN
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SCHEDULE 13G
CUSIP No. 845224104
1. Names of Reporting Persons: Frances Annette Scott Revocable Trust.
IRS Identification No.: _____________
2. Check the Appropriate Box if a Member of a Group (a) [ x ]
(b) [ ]
3. SEC USE ONLY
4. Citizenship or Place of Organization: United States
NUMBER OF SHARES 5. Sole Voting Power: 233,500
BENEFICIALLY OWNED 6. Shared Voting Power: -0-
BY EACH REPORTING 7. Sole Dispositive Power: 233,500
PERSON WITH 8. Shared Dispositive Power: -0-
9. Aggregate Amount Beneficially Owned by Each Reporting Person: 233,500
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares: [ ]
11. Percent of Class Represented by Amount in Row (9): 2.0%
12. Type of Reporting Person: OO (Revocable Grantor Trust)
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SCHEDULE 13G
CUSIP No. 845224104
1. Names of Reporting Persons: Richard L. Scott Revocable Trust.
IRS Identification No.: _____________
2. Check the Appropriate Box if a Member of a Group (a) [ x ]
(b) [ ]
3. SEC USE ONLY
4. Citizenship or Place of Organization: United States
NUMBER OF SHARES 5. Sole Voting Power: 35,050
BENEFICIALLY OWNED 6. Shared Voting Power: -0-
BY EACH REPORTING 7. Sole Dispositive Power: 35,050
PERSON WITH 8. Shared Dispositive Power: -0-
9. Aggregate Amount Beneficially Owned by Each Reporting Person: 35,050
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares: [ ]
11. Percent of Class Represented by Amount in Row (9): .3%
12. Type of Reporting Person: OO (Revocable Grantor Trust)
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SCHEDULE 13G
CUSIP No. 845224104
1. Names of Reporting Persons: Floyd Stephen Allen.
IRS Identification No.: _________________________
2. Check the Appropriate Box if a Member of a Group (a) [ x ]
(b) [ ]
3. SEC USE ONLY
4. Citizenship or Place of Organization: United States
NUMBER OF SHARES 5. Sole Voting Power: 73,200 (see Item 4)
BENEFICIALLY OWNED 6. Shared Voting Power: -0-
BY EACH REPORTING 7. Sole Dispositive Power: 73,200 (see Item 4)
PERSON WITH 8. Shared Dispositive Power: -0-
9. Aggregate Amount Beneficially Owned by Each Reporting Person: 73,200 (see
Item 4)
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares: [ ]
11. Percent of Class Represented by Amount in Row (9): .6%
12. Type of Reporting Person: IN
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Item 1(a). Name of Issuer.
Southwest Securities Group, Inc. ("Issuer").
Item 1(b). Address of Issuer's Principal Executive Offices.
1201 Elm Street, Suite 3500
Dallas, Texas 75270
Item 2(a). Names of Persons Filing.
Richard L. and F. Annette Scott Family Limited Partnership
Frances Annette Scott Revocable Trust
Richard L. Scott Revocable Trust
F. Stephen Allen
Item 2(b). Address of Principal Business Office or, if none, Residence.
Richard L. and F. Annette Scott Family Limited Partnership
100 First Stamford Place, Suite 625
Stamford, Connecticut 06902.
Frances Annette Scott Revocable Trust
100 First Stamford Place, Suite 625
Stamford, Connecticut 06902.
Richard L. Scott Revocable Trust
100 First Stamford Place, Suite 625
Stamford, Connecticut 06902.
F. Stephen Allen
2100 S. Utica, Suite 305
Tulsa, Oklahoma 74114.
Item 2(c). Citizenship.
Richard L. and F. Annette Scott Family Limited Partnership is a
Kentucky limited partnership. Frances Annette Scott Revocable
Trust, Richard L. Scott Revocable Trust and F. Stephen Allen are
domiciled in the United States.
Item 2(d). Title of Class of Securities.
Common Stock, $.10 par value ("Common Stock").
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Item 2(e). CUSIP Number.
845224104.
Item 3. Status of Reporting Person.
If this statement is filed pursuant to Rule 13d-1(c), check this
box. [ x ]
Item 4. Ownership.
(a) Amount Beneficially Owned:
Richard L. and F. Annette Scott Family Limited Partnership
directly holds 251,050 shares of Common Stock. Frances
Annette Scott Revocable Trust directly holds 233,500 shares
of Common Stock. Richard L. Scott Revocable Trust directly
holds 35,050 shares of Common Stock. F. Stephen Allen
directly holds 58,700 shares of Common Stock and holds
14,500 shares of Common Stock through a self-directed
retirement plan, as to which shares Mr. Allen has sole
voting and investment power. Thus, the Reporting Persons
collectively hold 592,800 shares of Common Stock.
(b) Percent of Class: 5.02%
(c) Number of Shares as to which the person has:
(i) sole power to vote or to direct the vote: 592,800
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the disposition
of: 592,800
(iv) shared power to dispose or to direct the disposition
of: 0
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable.
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Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
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Item 10. Certification.
By signing below, each of the undersigned certifies that, to the
best of his or her knowledge and belief, the securities referred to above were
not acquired and are not held for the purpose of or with the effect of changing
or influencing the control of the issuer of such securities and were not
acquired and are not held in connection with or as a participant in any
transaction having such purposes or effect.
Signature
After reasonable inquiry and to the best of my knowledge and belief, each
of the undersigned certifies that the information set forth in this statement is
true, complete and correct.
DATED: March 24, 2000 RICHARD L. AND F. ANNETTE SCOTT
FAMILY LIMITED PARTNERSHIP
/s/ RICHARD L. SCOTT
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By: Richard L. Scott, General Partner
DATED: March 24, 2000 FRANCES ANNETTE SCOTT REVOCABLE TRUST
/s/ FRANCES ANNETTE SCOTT
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By: Frances Annette Scott, Trustee
DATED: March 24, 2000 RICHARD L. SCOTT REVOCABLE TRUST
/s/ RICHARD L. SCOTT
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By: Richard L. Scott, Trustee
DATED: March 24, 2000 /s/ F. STEPHEN ALLEN
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F. Stephen Allen
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