The Securities and Exchange Commission is close to proposing a rule that would require chief executives of public companies to disclose how much their pay exceeds that of their workers as part of the 2010 Dodd-Frank legislation, said two people with knowledge of the matter. Companies would be required to calculate and report their CEO's compensation as it compares with the average worker's salary, the sources said. Opponents of the proposal say the information isn't material to investors and will be hard to collect, while supporters believe it will aid investors in monitoring corporate pay practices.

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