After the market closed yesterday, ABC announced that it would file for bankruptcy under Chapter 11. The NYSE decides not to open trading in ABC. In response to the NYSE's announcement, which of the following statements regarding the OTC market is TRUE?
A) It halts all trading in ABC until the NYSE reopens it.
B) It applies to the SEC for a decision within 30 minutes of the opening.
C) It may either halt or continue trading as it sees fit.
D) It continues to trade ABC with the NYSE specialist's (Designated Market Maker) permission.
Answer: C) It may either halt or continue trading as it sees fit.