Legal Bharati Enterprises faces heat in SEC order against Walmart over malpractices Updated : June 21, 2019 09:08 PM IST The SEC charged Walmart with violating the Foreign Corrupt Practices Act (FCPA) while conducting its businesses in India, China, Brazil and Mexico. Walmart consented to the SEC order, which has highlighted Walmart failed to sufficiently investigate or mitigate certain anti-corruption risks. Walmart had entered a 50-50 joint venture with Bharti Enterprises in 2007 to run wholesale stores, which ended in 2013. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.