if the arm will not pinch tight, it was either buggered up at the top (perhaps from a hammer) or the sector was worn from having a loose arm for too long. In the former case, get a thin cutoff wheel and grind out the hammered over metal so the gap is clear enough to compress sufficiently to clamp the sector. In the latter case, you might be able to widen the gap enough to get more compression on it, but you might also have to replace the sector or the arm or both. I've seen shims used, but they usually fall out after they get beaten thin enough from any residual motion due to the poor clamping.