The answer is Tariff of 1816.
Hope that helps!
A proprietorship was formed when a king granted land to a group of indentured servants in exchange for their passage. A proprietorship was formed when a king granted land to a group of colonists in exchange for their agreement to farm the land.
They were not allowed to list Madoff himself in any marketing materials because he was not registered with the SEC and neither were the ones working under his orders.
He did not want to draw attention to himself because he knew what he was doing was illegal and when attention was eventually drawn, it was not his name on the line because his name wasn't listed anywhere.