{
    "success": true,
    "data": {
        "leverage": true,
        "derivates": true,
        "swaps": true,
        "inverse": false,
        "replication_method": "physical",
        "ucits": false,
        "type": "ETP",
        "complex_factors": "Leverage,  because this ETP uses 1x leverage Tesla which is inherent in the structure.  This is not a UCITS compliant asset.",
        "classification": "complex",
        "supporting_data": "The document states 'You are about to purchase a product that is not simple and may be difficult to understand.' and 'The objective of the LS 1x Tesla Tracker ETP is to track the Tesla Tracker Investment Strategy...'. The presence of leverage at 1x Tesla, and its categorization as an ETP, automatically triggers a complex classification under MiFID II. The product's objective to provide leveraged exposure and its non-UCITS status further solidify its complexity.  The high risk rating (6/7) also supports the complexity classification.  The document contains a comprehension alert, which confirms the complex classification.  ESMA would consider all products of this type to be complex. The fact the asset is collateralised does not impact the classification."
    }
}