If the Commission determines that further proceedings are necessary, a conference shall be scheduled to consider the merits of going forward with the request. Upon conclusion of the conference, the Commission shall promptly issue a ruling to:
(a)
Provide for a period of discovery to obtain further information;
(b)
Schedule a hearing on the record for further consideration of the request;
(c)
Explain the reasons for not going forward with formal proceedings; or
(d)
Direct other action as the Commission may consider appropriate.