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In December 2015, the Commission published a Notice of Proposed Rulemaking that would amend the system safeguards testing requirements in part 39 for derivatives clearing organizations (DCOs). The proposed amendments would specify the types of system safeguards testing and assessment that DCOs are required to conduct, clarify how often such testing and assessment should be conducted, and require that certain testing be performed by independent contractors. The proposed amendments would also specify the minimum scope required for such testing and make certain technical amendments.