UPDATE: Minutes after we brought attention to this farce, VIX Futures and Options Re-Opened...
[3]
CBOE's VIX [4] Futures and Options have been halted since 1337ET.
[5]
Because in our day and age of highly "sophisticated, precise and computerized" trading, just what stock market crash can take place without a critical component of the market breaking...
Based on 'spot' VIX - it would appear vol is bleeding higher
[6]
Bottom line: when the Fed can no longer sell enough vol to offset a long-overdue correction, the Fed will merely do away with vol entirely.