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Final SEC Rules to Usher in Floating NAV, Fees, and Gates for Money Market Plan Investments (PDF)
Buck 
Aug. 26, 2014
"Since money market funds haven't had to distinguish between shareholders who are 'natural persons' and other types of shareholders before, [the authors] anticipate that existing money market funds that wish to maintain a stable share price will reorganize into two funds -- one with a stable share price for their retail shareholders (who meet the definition of 'natural persons' -- including participant-directed defined contribution plans) and the other with a floating share price for their institutional shareholders. The additional reorganizational expenses may pose a challenge for money market fund sponsors[.]"
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