An integrated circuit (“IC”) may include clock and data recovery (“CDR”) circuitry for recovering data information from an input serial data signal. The CDR circuitry may include a reference clock loop and a data loop. A retimed (recovered) data signal output by the CDR circuitry is monitored by other control circuitry on the IC for a communication change request contained in that signal. Responsive to such a request, the control circuitry can change an operating parameter of the CDR circuitry (e.g., a frequency division factor used in either of the above-mentioned loops).