The SEC is a federal agency and subject to federal disclosure laws.

Please cite your reference for alleging that they are exempt from disclosure under the FOIA.

(SEC). It is in charge of implementing federal securities laws, and, as such, it sets up rules and regulations for the proper conduct of professionals operating within its regulatory jurisdiction.

identify the processes the walmart organization uses to comply with SEC regulations

Are you referring to the HIPAA laws, and disclosure to unauthorized persons???

Executive corruption in various organizations forced the SEC to reexamine disclosure. They wanted to make sure that financials truly reflect the financial position of an organization.