Is Vexing Bauble legal in Standard, Modern, and Commander?

Vexing Bauble is legal in: Modern, Commander, Historic. It is banned in: Legacy.

What type of card is Vexing Bauble?

Vexing Bauble is an Artifact. Its oracle text reads: "Whenever a player casts a spell, if no mana was spent to cast it, counter that spell. {1}, {T}, Sacrifice this artifact: Draw a card. *No one knew who invented it. No one knew its purpose. All anyone knew was they didn't like being anywhere near it.*"