Consolidated Statements of Earnings (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	May 31, 2016	May 31, 2015	May 31, 2016	May 31, 2015
Revenues:
Commissions and other fees	$ 146,157	$ 173,508	$ 301,981	$ 340,430
Principal transactions	318,180	155,962	214,807	261,439
Investment banking	253,046	404,262	483,976	676,257
Asset management fees and investment income (loss) from managed funds	4,336	5,650	13,866	(4,187)
Interest	220,175	240,552	442,120	469,422
Other	(4,977)	28,576	(26,728)	48,481
Total revenues	936,917	1,008,510	1,430,022	1,791,842
Interest expense	217,509	216,956	411,627	408,616
Net revenues	719,408	791,554	1,018,395	1,383,226
Non-interest expenses:
Compensation and benefits	415,316	480,770	765,059	845,985
Non-compensation expenses:
Floor brokerage and clearing fees	43,591	58,713	84,070	113,793
Technology and communications	66,499	72,361	131,488	144,748
Occupancy and equipment rental	24,926	24,420	49,511	48,604
Business development	22,587	26,401	47,441	48,338
Professional services	29,526	27,419	53,038	51,675
Other	14,366	16,758	35,067	32,487
Total non-compensation expenses	201,495	226,072	400,615	439,645
Total non-interest expenses	616,811	706,842	1,165,674	1,285,630
Earnings (loss) before income taxes	102,597	84,712	(147,279)	97,596
Income tax expense (benefit)	48,655	24,530	(34,452)	24,861
Net earnings (loss)	53,942	60,182	(112,827)	72,735
Net earnings attributable to noncontrolling interests	44	349	88	1,220
Net earnings (loss) attributable to Jefferies Group LLC	$ 53,898	$ 59,833	$ (112,915)	$ 71,515