Is Timebender legal in Standard, Modern, and Commander?

Timebender is legal in: Modern, Legacy, Vintage, Commander.

Timebender

Q: What type of card is Timebender?

Timebender is a Creature — Human Wizard. Its oracle text reads: "Morph {U} When this creature is turned face up, choose one — • Remove two time counters from target permanent or suspended card. • Put two time counters on target permanent with a time counter on it or suspended card."