I don't have any Netgear switches but logically from what you're seeing, it sounds likely that the Netgear switches are sending broadcast frames for loop detection. The idea would be that if the same frame is then received on the port that originally sent it, there is a loop detected in the network. Similar to (or the same as) spanning-tree BPDU's. Depending on how many broadcasts you have flying around, it's possible that could impact your network.
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