After receipt of a report and recommendations from its agent and of the record of any hearing which may have been held, or upon the completion of its own investigation, and upon such exceptions as may have been filed pursuant to Part 213 of this Title, the board shall decide the issues and make such disposition of the matter as it deems appropriate.
N.Y. Comp. Codes R. & Regs. Tit. 4 § 203.5