Question

Consider the following statement about SEBI’s new regulatory framework to facilitate online bond platform providers:
I. No person would act as an online bond platform provider without obtaining registration certificate.
II. Such a person would have to comply with the conditions of registration.
III. A person acting as an online bond platform provider without registration certificate prior to the date of this regulation coming into force can continue to do so for a period of three months. Which of the above statement is/are correct?

A I only
B II only
C III only
D I and II Both
E I, II and III
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