The correct answer is first option A. Regulation happens at several points along the process of central dogma.
Central dogma is the the process of formation of mRNA from DNA and then the formation of proteins from the mRNA.
DNA -> mRNA -> Protein
The first process is transcription and the later is called translation. Regulation occurs at both the process. In fact, regulation is a process to turn certain genes on or off. Certain transcription factors bind to the regulatory region of a gene and regulate the rate of transcription. Processing of RNA and the rate of translation everything is regulated to take care of the amount of protein being formed/needed.