Updated

A fraternity under scrutiny because of a racist chant caught on video plans to announce an extensive review of its chapters around the country.

Sigma Alpha Epsilon Fraternity said it will unveil Wednesday what it calls a "national plan to combat racial intolerance." The Evanston, Illinois-based organization is holding a news conference in Chicago to announce its plans to eliminate insensitivity among its members.

The fraternity is responding to a video that surfaced last week. It showed University of Oklahoma fraternity members engaging in a racist chant that referenced lynching and indicated that black students never would be admitted to that university's chapter.

SAE has disbanded the local chapter for the video. The university has expelled two students and banned SAE. Two students identified in the video have apologized publicly.