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You cannot Give anyone the secret Key. You must have your own game and DS to download it to yourself only. You may trade the pokemon through wi-fi with your friend, but that would be all.
You may only trade the Pokemon,and you recieve the item through the Wi-Fi event in your Wi-fi Connections in the beginning of the screen. Of course,the Secret Key is untradable since it's a Key Item,it's untradable in any way and can be only gotten through the Wi-Fi event or by cheating(don't cheat).
Really? I need to try that. Anyway, the distributable secret key was only given away once in Japan. It was the first platinum event. And what I mean by this is that once you got the secret key, you could send it out to five friends, and then they could presumably give it to 5 friends. But i gotta try the record mixing thing 'cause i wasn't sure if that worked.