Is Brace for Impact legal in Standard, Modern, and Commander?

Brace for Impact is legal in: Modern, Legacy, Vintage, Commander.

Brace for Impact

Q: What type of card is Brace for Impact?

Brace for Impact is an Instant. Its oracle text reads: "Prevent all damage that would be dealt to target multicolored creature this turn. For each 1 damage prevented this way, put a +1/+1 counter on that creature."

Instant

Prevent all damage that would be dealt to target multicolored creature this turn. For each 1 damage prevented this way, put a +1/+1 counter on that creature.

Set Dissension

Rarity Uncommon

Mana Value 5

Artist Dan Murayama Scott

Collector # 5

Scryfall Gatherer