Is Protection Magic legal in Standard, Modern, and Commander?

Protection Magic is legal in: Legacy, Vintage, Commander.

Protection Magic

Q: What type of card is Protection Magic?

Protection Magic is an Instant. Its oracle text reads: "Put a shield counter on each of up to three target creatures. (If a creature with a shield counter would be dealt damage or destroyed, remove a shield counter from it instead.) *"Armor of light, halt physical might!"*"

Instant

Put a shield counter on each of up to three target creatures. (If a creature with a shield counter would be dealt damage or destroyed, remove a shield counter from it instead.)

*"Armor of light, halt physical might!"*

Set Final Fantasy Commander

Rarity Rare

Mana Value 2

Artist Mikio Masuda

Collector # 24

Scryfall