On September 14th, the SEC provided notice of the Options Clearing Corporation's proposed rule change to facilitate compliance by OCC with new core principles ("Core Principles") applicable to derivatives clearing organizations ("DCOs") that are set forth in the Commodity Exchange Act, as amended by the Dodd-Frank Act. In particular, new DCO Core Principle O requires DCOs to establish fitness standards for directors, clearing members and certain other individuals. Comments should be submitted within 21 days after publication in the Federal Register, which is expected during the week of September 19. SEC Release No. 34-65338.