We have just issued AC 03.2012, a Memo to Federal Records Officers that contains further information about the Presidential Directive released last week.
Included is a Memo from the Archivist of The United States (available here as a .pdf) designed to assist agencies in fulfilling the reporting requirements of the directive. This memorandum provides more information about Presidential directive and the due dates for the various actions. In addition, it briefly describes how this input will be used by NARA to produce the 21st century framework for managing government records required by Section 3 of the directive.
We will be updating Records Express tomorrow with some frequently asked questions that we have been receiving about the directive.