On Tuesday, August 13th, the CFTC issued new Proposed Rules which would impose additional standards for SIDCOs, related to governance, risk management, financial resources, and other matters, consistent with the Principles for Financial Market Infrastructures standards and attempt to close any inconsistencies between part 39 of the CFTC's regulations with the PFMIs. Under the new rules, SIDCOs would be allowed to continue to be categorized as Qualifying Central Counterparties within international standards. The rules also include elaborations on the process with which non-SIDCO organizations may elect to become subject to the same standards. CFTC Release 6664-13.