I've upgraded my Mac OS X to 10.11.1 El Capitan. When I try to run app on Xcode 7.1 I'm getting an pop message stating "Simulator" can't be opened because the identity of the developer cannot be confirmed. Refer screenshot.
Why this message? I'm not able to test any app on Xcode 7.1.
Apple believes is security that's the reason only apps which you have downloaded from App Store can be opened.
Well, to open any app which you have downloaded and install from anywhere you need to allow permission. To do so:
Enjoy!