3. Discussion
As an arm of the Commission, CPSD shall exercise all powers of investigation granted to the commission.4 We agree that CPSD is charged with investigating potential telephone corporations to ensure the financial viability of the corporation and to ensure no prior history of fraud.
America Net claims invasive, overly burdensome and unrelated information requests by CPSD. While the information gathering may seem burdensome to the Applicant, we find no evidence of invasive or unrelated information requests in this proceeding. We agree that CPSD's investigative processes should be thorough in order to protect California consumers.
We grant America Net's Motion to Withdraw Application. While we draw no conclusions as to the allegations of CPSD, we agree that the information developed in this proceeding should be disclosed in any future application by America Net or its principals. We therefore require America Net and its principals to disclose in any future application to this Commission the fact of the above-referenced Application, and the circumstances of its withdrawal.
4 Public Utilities Code Section 309.7(b).
