Which of the following statements are correct?

(1) Capital market securities are assets for the seller but liabilities for the buyer

(2) Financial markets can be classified into exchange and over-the-counter markets

(3) A secondary market is where securities are bought and sold by investors

A. 1 and 2 only
B. 1 and 3 only
C. 2 and 3 only
D. 1, 2 and 3