Travel ideas us for This led Congress to consider legal measures to reform the securities markets. An end to the Depression depended, in part, on renewed public confidence in the securities markets where business capital was raised. Many investors had been tempted by the rags-toriches stories of the 1920s, when some people used easy credit to purchase securities and become wealthy. Approximately 20 million large and small investors purchased stock in the 1920s, although many were not aware of the dangers inherent in the markets and were often ignorant of important information about the companies in which they purchased securities. It has been estimated that of the $50 billion in new securities offerings during the decade of the 1920s, almost one-half became worthless even before the crash of 1929. There were primitive forms of securities regulation before Congress intervened in the 1930s. Defrauded investors could sue for damages under various common law theories, such as fraud. Travel ideas us 2016.