No, an MSCE doesn't mean anything. It is a marketing gimmick. Nor is a BS much like a license.

And, again, I'm not saying you should need a license in order to work.

And I'm not even saying that licensed programmers will be the best programmers. I'm saying that they will be required to be trained on the issues that always get pushed aside in software development like risk management and security. And they will be held accountable. There will always be very talented programmers who produce great code, with or without a license.

As to pulling a license, that would be handled as it has been handled in other engineering areas for years. It isn't a simple thing.