Is Hampering Snare legal in Standard, Modern, and Commander?

Hampering Snare is legal in: Modern, Pioneer, Legacy, Vintage, Commander, Pauper, Historic.

What type of card is Hampering Snare?

Hampering Snare is an Instant. Its oracle text reads: "Creatures your opponents control get -2/-0 until end of turn. Cycling {2} ({2}, Discard this card: Draw a card.) *"I want it to look me in the eyes and know the face of the man who put it down." —Kelsien, the Plague*"