The new macro hedge fund being prepped by Brevan Howard Asset Management co-founder Chris Rokos has gained regulatory approval from financial regulators in the United Kingdom. The approval from the Financial Conduct Authority came on Monday, according to Reuters, and will allow Rokos Capital Management to begin trading in the fourth quarter of this year. The new fund will bet on broad macroeconomic themes. Rokos reached a settlement earlier this year that voided an agreement with Brevan Howard that would have prevented him from managing external money until 2018. The new fund, in which Brevan Howard reportedly took an interest,...