I found this and I am very happy about this :D
Battlefield 3 - Barrie *Bazayaytee* Tingle:
"In short answer form, yes you can browse and join squads through the squad screen and make private squads.
Since the Open BETA we’ve added more advanced functionality to manage your squad. You will be able to browse and join specific squads through the squad screen. You can see all players that are in a specific squad as well as who’s playing as lone wolf. As a squad leader you can set your squad to private as well as kick players from the squad.
So yeah there will be squad managment
