You can pull the petcock apart and clean the rubber gasket that is behind the position lever; OFF, ON, RESERVE. Be gentle with the screws holding it together; don't over torque them. If there is a "bent up, crumpled" washer in there, don't flatten it out or straighten it. The "waffled" washer/gasket was manufactured like that; it's supposed to be that way. There is also a filter screen which you can clean and reposition.
There are kits sold to rebuild the petcock. This is fairly common on the petcock assembly.
If push comes to shove, you can buy a new petcock. They are available from David Silver Spares and many other sellers. I had to replace the entire petcock on my '74 CB750 K4 because it was physically damaged (the petcock body was crushed) and the cheaper rebuild kit would not have done me any good.
Temporary fixes aren't, in my opinion, a good way to go. Gas leaks can become absolute nightmares instantly;.......... especially if you are smoking a cigarette while riding your scoot....

~ ~ ~ jaknight ~ ~ ~