In Metaphysics Z 8 Aristotle offers an infinite regress argument to deny that forms come to be. Briefly put, the argument states that, if we assume that every time an x composed of matter (m1) and form (f1) comes to be, f1 also comes to be, then there would be infinitely many xs coming to be – for f1 would itself be a compound, if it comes to be, and the same reasoning would in turn apply to it. This argument has great significance in the history of philosophy, for some later thinkers take Aristotle to allow or make room for the creation ex nihilo of forms. However, the only direct Greek engagement with this argument in its proper context is provided by Asclepius of Tralles’ commentary on Book Z. A close study of Asclepius’ interpretation shows that he endorsed the argument on the tacit condition that it refers to the forms αὐτὰ καθ’ αὑτά as different from both Platonic Ideas and enmattered forms. At the same time, however, its elaboration includes alongside forms αὐτὰ καθ’ αὑτά also eternal separate forms and generated forms. His reconstruction also displays a sophisticated toning-down of the potential disagreements between Plato and Aristotle on the conception of pre-existing form which is assumed in the argument. Asclepius’ interpretation offers yet further proof of the commentators’ camouflaged and stratified way of tackling philosophical issues of paramount importance.