WASHINGTON—Privately held online platform companies such as DoorDash and UrbanSitter could pay their workers partially in stock under a rule proposed Tuesday by the Securities and Exchange Commission.

So-called gig-economy workers currently don’t qualify for SEC exemptions that allow private firms to offer equity compensation to their employees and contractors. Firms including Uber Technologies Inc.—before it went public—have lobbied the regulator in recent years to allow them to do so.

The…

This post first appeared on wsj.com

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