That's an odd one! Providing an option in BIOS that does nothing, and not including that info in the manual! I suggest getting a PWM-style (4-pin) fan. That WILL give you control of its speed which most often will be slower and quieter, but still allows high speeds when your system does need extra cooling. Check out units by Noctua. They have an excellent reputation of good air flow, lower noise, and long life - they warrant them for 6 years, and most users find they last longer. Some consider their price a bit high, and some don't like their colour schemes, and they do not make any with lights in them. One note: they often include a little device you can insert into the fan connection point called a Low Noise Adapter. It really is only a small resistor that lowers the voltage supply to the fan so it can only run at lower speed to be quieter, BUT that means it can NOT ever reach its max speed when your system needs more cooling. It is useful when you connect the fan directly to a Molex power output from the PSU. But when you are plugging into a mobo header that does speed control, do NOT use it.
Of course, there are other makers of good fans, too. In choosing, look for best max air flow, lower max noise, the PWM design, and of course the size. Size is the length of one SIDE of the square frame. Fan max speed is not really important - it's air flow you want. Max current use is not important for a single fan.