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DOL ERISA advisory committee's definition on commission recapture:
"when plan sponsors direct investment managers to execute a portion of their trades through selected brokerage firms (i.e. Rochdale Securities LLC) to the extent the brokerage firm is competitive in price and trade execution. The brokerage firm then rebates a portion of the commissions (or spread) to the pension plan. The pension plan can be rebated in cash or have the brokerage firm pay certain administrative expenses of the plan.…"
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