Sec.  1.407   Action on petitions.

   If the Commission determines that the petition discloses sufficient reasons
   in support of the action requested to justify the institution of a
   rulemaking proceeding, and notice and public procedure thereon are required
   or deemed desirable by the Commission, an appropriate notice of proposed
   rule making will be issued. In those cases where notice and public procedure
   thereon are not required, the Commission may issue a final order amending
   the rules. In all other cases the petition for rule making will be denied
   and the petitioner will be notified of the Commission's action with the
   grounds therefor.

Rulemaking Proceedings