We present an experimental investigation of the dynamic spin response of a strongly interacting Fermi gas using Bragg spectroscopy. By varying the detuning of the Bragg lasers, we show that it is possible to measure the response in the spin and density channels separately. At low Bragg energies, the spin response is suppressed due to pairing, whereas the density response is enhanced. These experiments provide the first independent measurements of the spin-parallel and spin-antiparallel dynamic and static structure factors which provide insight into the different features of density and spin response functions. At high momentum the spin-antiparallel dynamic structure factor displays a universal high frequency tail, proportional to ω −5/2 , where ω is the probe energy. Two-component Fermi gases near Feshbach resonances provide a well controlled setting to explore many-body phenomena in highly correlated quantum systems [1,2]. When the interparticle interactions are sufficiently strong, ultracold atomic gases display universal features, where macroscopic parameters become independent of the microscopic details of the interatomic potential [3][4][5]. Most studies to date have focussed on static aspects of universality [6][7][8][9][10]; however, certain dynamical properties can also become universal. Key among these are dynamic susceptibilities which describe the way a system responds to a perturbation. Recent theoretical work has shown that the dynamic structure factor, which is connected to the imaginary part of susceptibility through the fluctuation-dissipation theorem, shows a universal high frequency tail both at high momentum [11][12][13] and low momentum where it depends on the frequency dependent shear viscosity [14,15].Bragg spectroscopy is a well established tool to measure dynamic and static density response functions [16][17][18][19]. Previous work on Fermi gases has shown that the static structure factor follows a universal law which arises from Tan's relation for the density-density correlator [20]. Several theoretical studies have also investigated the dynamic spin response [12,13,[21][22][23]] and a recent study of universal spin transport examined the static spin susceptibility [24,25], yet the dynamic spin susceptibility has not been studied experimentally.In this letter we present the first measurements of the dynamic spin response of a strongly interacting Fermi gas. Two-photon Bragg scattering is used to probe either the spin or density response by appropriate choice of the Bragg laser detuning. This allows full characterisation of the spin-parallel and spin-antiparallel components of the dynamic and static structure factors through the application of the f -sum rule [26,27]. The spin response is suppressed at low energies due to pairing and displays a universal high frequency tail, decaying as ω −5/2 , where ω is the probe energy (Bragg frequency) [13].The key to accessing the spin response in two-photon scattering experiments is to use Bragg lasers with a different coupling to each of the two s...