Tighten the coupling with an appropriately sized wrench to see if a tighter coupling eliminates any leak. Likewise, check to see if tightening will stop the coupling from floating.
Install one or more clamps on the coupling to tighten it even more. If the leak stems from one particular side of the coupling, you may be able to clamp just that side to prevent floating. Otherwise, you may need to clamp two opposite sides, or even all four. You may need to use gaskets or sealant as part of the clamping process.
Install a stop ring on one or both ends of the coupling as a further measure to prevent floating. This type of ring is designed to slip over the pipe and keep the coupling from sliding one way or the other.